RE: India-Russia19 May 2026 12:39
The Bank of Russia has sold 21.8 tonnes of gold since the start of 2026 to help finance the country’s budget deficit, which had grown to $61.2 billion by the end of March, according to Russian and Ukrainian reports.
Russia’s gold reserves declined to 2,304.76 tonnes as of April 1, 2026, including a decrease of 6.22 tonnes in March the Central Bank reported on Monday.
Gold Reserves in Russia decreased to 2304.75 Tonnes in the first quarter of 2026 from 2326.52 Tonnes in the fourth quarter of 2025
Top 5 Countries with Largest Gold Reserves (as of 2026):
United States: 8,133.5 tonnes
Germany: 3,351.2 tonnes
Italy: 2,451.8 tonnes
France: 2,437.0 tonnes
Russia: 2,332.7 tonnes
17th UK 310.29 tonnes