Gold reserves of the Russian Federation rose by 18.7 tons in June

21 Jul 2016

Stocks of monetary gold in the international reserves of the Russian Federation in June rose by 1.26% (18.7 tons), and on July 1, 2016 amounted to 48.2 million ounces (1,499.19 tons), according to the Bank of Russia. At the same time, the price of gold in reserves rose by 9.6% in June - up to 63.497 billion as of 1 July,from 57.930 billion dollars as of June 1. The share of gold in the international reserves increased to 16.17% from 14.94%. Earlier, in May, the Bank of Russia bought 3.1 tons of monetary gold, in March and April - 15.6 tons, in February - 9.3 tons, in January - 21.8 tons.Gold reserves in the international reserves of Russia increased by 17.27% in 2015 (208.4 tons) compared to a year earlier - and on January 1, 2016 amounted to 45.5 million ounces (1,415.21 tons). The physical volume of gold in the international reserves in recent years have grown steadily: on January 1, 2007 gold reserves totaled 402 tons, as of January 1 of 2008 - 450 tons, as of January 1 of 2009 - 519 tons, as of January 1, 2010 - 637.6 ton, as of January 1 of 2011 - 789.9 tons, as of 1 January 2012 - 883.2 tons, as of January 1, 2013 - 958 tons, as of January 1, 2014 - 1,036 tons, as of January 1, 2015 - 1,207 tons .

Source: RIA News ria.ru