Russia increased its gold reserves above 1,000 metric tons in July for the first time in at least two decades

Gavin Wendt
Gavin Wendt MineLife

Russia increased its gold reserves above 1,000 metric tons in July for the first time in at least two decades. It joined Kazakhstan in raising holdings for a 10th month. Russia's holdings, the seventh-largest in the wold, gained by 6.3 tons to 1,002.8 tons, the most since at least 1993, according to International Monetary Fund data.

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