Russian banks increased their gold reserves to 73.1 tons by the beginning of December 2023, according to data from the Bank of Russia.
In November, the volume of gold reserves increased by 1.8 tons, or 3% as compared to October.
In monetary terms, the volume of reserves for the reporting period amounted to 423.4 billion rubles. At the same time, according to RIA Novosti, by the beginning of November, the volume of reserves amounted to 424.4 billion rubles.
As a result, the monthly growth rate was 2.5%.
The media agency also notes that since the beginning of the year, gold reserves held by Russian banks have increased by 8.3 tons (+12.8%).
Alex Shishlo for Rough&Polished
