Russia's gold reserves hit historic high

MOSCOW,9th November, 2024 (WAM) - The value of Russia's gold holdings surpassed $200 billion for the first time ever in October, while bullion's share in the country's international reserves increased to 32.9%, according to the central bank.

The Bank of Russia reported that the value of its gold holdings grew by almost 4% last month, breaking the record set in September. The dollar value of the reserves reached $