Russian Gold Reserves Exceed $400 Billion for the First Time in History

Unprecedented Growth in Gold Investments
The data indicated that Russia's investments in gold saw an increase of 23.3% during the winter season, reaching approximately $402.7 billion, a level unprecedented in modern Russian history.
Rise in Comprehensive International Reserves
Overall, Russia's international reserves, which include gold, foreign currencies, and other assets, grew to $826.8 billion by January 30, also recording a new historical level.
The Central Bank explained that this increase represented a weekly rise of $39.9 billion, equivalent to 5.1%, attributing these gains primarily to positive revaluation of the assets that constitute the international reserves.
Economic Significance
This growth in reserves and international liquidity reflects the financial solvency of Russia and enhances its ability to withstand global economic shocks and fluctuations in currency and precious metal markets.