In the past year, Russian gold reserves increased by about 130 billion dollars, bringing the total to around 3

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Gold = safe haven: Russia has long used gold to protect its economy amid sanctions and geopolitical pressures.

Massive stocks: more than 2300 tons, making it one of the largest gold reserves in the world.

Increase in value: not only due to increased gold purchases, but the rise in global gold prices has raised the value of current reserves in dollars.

📊 What is driving this growth?

Sanctions and dollar cancellation: converting reserves from dollars/euros to gold, which cannot be frozen or sanctioned.