The Central Bank of the Russian Federation's gold reserves have broken a record to $248 billion
June 9, 2025, 10:22 pm Central Bank Finance
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Gold is not subject to Western sanctions
Russia's gold reserves have been hitting new highs for the fourth month in a row.
In May, the value of bullion in the Central Bank's vaults increased by 0.5% and amounted to a record high in modern history of $248 billion.
The share of gold in reserves continues to reach its maximum since 1999. It has now reached 36.5%, according to data from the Central Bank.
Gold from the reserves of the Central Bank of the Russian Federation is not subject to sanctions restrictions imposed by Western countries.
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