Russia sold 22T of gold this year
Partly explains the fall in the price of gold.
(Kitco News) – 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 alone, the Central Bank reported on Monday.
u/FusionStarFire — 21 hours ago