USD 63.8487

-0.37

EUR 70.5975

-0.34

BRENT 64.63

-0.05

AI-92 42.38

0

AI-95 46.11

0

AI-98 51.86

+0.01

Diesel 46.16

+0.01

13

Russia's Gold Reserves Surged!

Russia's gold reserves held by the Central Bank rose 5.3%

Russia's gold reserves held by the Central Bank rose 5.3% up to 13.8 million ounces on October 1st, up from 13.1 million ounces July 1st.

The central bank said it is gradually increasing its gold reserves, buying gold on the domestic interbank market.

The central bank has said in the past it would like to keep the share of gold in its reserves between 5% and 10%, and hasn't announced any formal change in its policy in the light of the dollar's sharp decline over recent years.