Russia’s Gold Reserves shoot up in Q1 2019

Media IN Moscow, 14-05-2019

Russia’s gold reserve rose by 17.8 tons in March to 2168.3 tons compared to last year, reaching almost 2112 tons, the World Gold Council said in its may report.

Russia is ranked fifth  in the world with reserves of precious metal and topped the third quarter of 2018, the world’s growth in gold reserves surpassing countries such as china and India.

Gold Reserves are country’s gold assets held or controlled by the central bank.