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World Gold Council: Russia buys record 92 tns of gold in Jul–Sep

MOSCOW, Nov 2 (PRIME) -- The Russian central bank bought about 92 tonnes of gold in July–September 2018, a quarterly record for the country, which is now selling dollar-denominated assets actively, the World Gold Council said in a report on Friday.

Russia’s gold reserves exceeded 2,000 tonnes for the first time ever and now accounts for 17% of the global accumulations.

Turkey is the second largest buyer, where the purchases rose by 18.5% despite devaluation of the local currency.

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02.11.2018 08:38