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Russia’s Gold Holdings Fall
(MENAFN) Russia’s gold reserves decreased to 74.3 million troy ounces in February, representing their lowest quantity in four years, according to statistics released by the central bank.
The figures show that reserves have now dropped for the second consecutive month, reaching their lowest level since March 2022, when they were measured at 74.1 million troy ounces.
Even with this recent reduction, Russia continues to hold the position of the world’s fifth-largest gold reserve owner, trailing behind the US, Germany, Italy, and France.
The figures show that reserves have now dropped for the second consecutive month, reaching their lowest level since March 2022, when they were measured at 74.1 million troy ounces.
Even with this recent reduction, Russia continues to hold the position of the world’s fifth-largest gold reserve owner, trailing behind the US, Germany, Italy, and France.
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