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Russian gold reserves stepped over one – thousand - ton border

Russian gold reserves stepped over one – thousand - ton border

 

According to the materials of Bank of Russia 1 035.746 tonnes or 33.3 million troy ounces – these are figures of the monetary gold stock value in international reserves of Russia in 2013, which increased by 77.759 tonnes (8.1%).

The value of gold in reserves amounted to 39.99 billion dollars in 2013, that is lower than last year due to the large fluctuations in the value of gold in the market and its share in the international reserves of the Bank of Russia makes 7,8%.

Last year the proportion of gold in the international reserves of the Bank of Russia has declined from 9.5% to 7.8%.

Not only the regulator did the purchase of gold last year. According to the Ministry of Finance of the Russian Federation on December 31, 2013, in 2013 Russian banks increased their purchases of gold by 8.3%, and signed contracts for the purchase of 181.4 tons of gold.

Despite fluctuations in the value of gold in the world market, that results in increase or decrease in prices, the Emgoldex company goes on its policy of transparent cooperation, leading a huge quantity of its customers to the confident, stable and prosperous future!

And the number of customers is only growing!

Category: Gold news      Publication date: 2014-03-11 10:00


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