#FirstpostLIVE: Russia is reaping a windfall from a surge in gold prices since the start of the war in Ukraine. The value of the Bank of Russia’s gold holdings has increased by more than $216 billion since February 2022, reports said. At the same time, the central bank has largely refrained from both major purchases of the metal and using its gold reserves during that period, despite the loss of access to foreign securities and currencies blocked under sanctions. In 2025, gold gained around 65%,
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#FirstpostLIVE: Russia is reaping a windfall from a surge in gold prices since the start of the war in Ukraine. The value of the Bank of Russia’s gold holdings has increased by more
Firstpost. . #FirstpostLIVE: Russia is reaping a windfall from a surge in gold prices since the start of the war in Ukraine. The value of the Bank of Russia’s gold holdings has increased by more than $216 billion since February 2022, reports said. At the same time, the central bank has largely refrained from both major purchases of the metal ...
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