22 Hrs
Source:
المشهد العربي
Russian Central Bank gold reserves fall
According to data from the Russian Central Bank, its gold holdings have decreased to their lowest level in over six years, reaching 73.2 million ounces as of August 1, 2026, a decline of 1.6 million ounces since the beginning of the year. This decrease reflects the pressures faced by Russia's public finances due to rising costs of the war in Ukraine and declining energy revenues, highlighting the deterioration of gold reserves as part of the economic response to the current situation.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)