{"id":13773,"date":"2026-02-06T17:25:48","date_gmt":"2026-02-06T18:25:48","guid":{"rendered":"https:\/\/globaltalenthq.com\/?p=13773"},"modified":"2026-02-07T03:20:45","modified_gmt":"2026-02-07T03:20:45","slug":"russian-gold-reserves-break-record","status":"publish","type":"post","link":"https:\/\/globaltalenthq.com\/index.php\/2026\/02\/06\/russian-gold-reserves-break-record\/","title":{"rendered":"Russian gold reserves break record"},"content":{"rendered":"
The country\u2019s bullion holdings were valued at $402.7 billion as of early February<\/strong><\/p>\n The value of Russia’s gold reserves has reached an all-time high, exceeding the $400 billion mark, according to statistics released by the country’s central bank on Friday.<\/p>\n Russia’s holdings of monetary gold stood at $402.7 billion as of February 1. The figure suggests that the metal currently makes up 48.3% of Russia’s total reserve assets, which stood at $833.5 billion. Russia’s gold reserves are now virtually equal in value to its holdings of foreign currencies.<\/p>\n This surge in value is directly tied to an unprecedented rally in global gold prices. Precious metal futures surged to a record high of $5,595 per ounce in late January. Gold jumped by around 60% in 2025 alone and has rallied significantly over the past four years, having traded below $2,000 an ounce in 2022. Analysts attribute the rally to robust demand from central banks, persistent inflation, heightened geopolitical tensions, and the devaluation of the US dollar.<\/p>\n The rise has drastically altered the composition of Russia’s reserves. The share of gold has risen from 21% prior to the Ukraine conflict, while the share of foreign currencies has dropped from the 74% recorded on February 1, 2022.<\/p>\n