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MOSCOW (Sputnik) – The amount of monetary gold in Russia’s international reserves increased by 0.9 percent in August and totaled 56.1 million ounces (1,744.9 tonnes) as of September 1, the Bank of Russia reported on Wednesday.
The value of gold in reserves in August increased by 4.94 percent up to $73.5 billion as of September 1, 2017, while the share of gold in international reserves increased to 17.34 percent from 16.74 percent a month before, according to the report.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.