RUSSIA JUST PULLED OFF A HISTORIC GOLD TRADE



After accumulating Gold between $1,050 and $1,600/oz from 2014-19, Russia is now selling reserves into record-high prices near $4,800/oz.

The Bank of Russia cut holdings by 900,000 ounces in the first 4months of 2026, generating an estimated $4.3 BILLION as Moscow increasingly taps gold reserves to offset budget pressures from falling energy revenues.
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0xPeachy
· 05-30 16:35
A 12-year holding cycle; this level of discipline is generally hard for most institutions to learn.
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GateUser-715706bb
· 05-29 15:18
$4.3 billion in hand, the gap caused by the decline in energy revenue has been somewhat filled.
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0xCaffeine
· 05-29 13:01
So, behind the new gold high, is Russia selling off? This narrative is quite interesting.
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LatencyLullaby
· 05-29 12:57
The budget pressure is so intense that even the last-resort gold reserves are being moved. Are there more supplies coming later?
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LatencyMonk
· 05-29 12:57
From 1050 to 4800—more than four times the returns; the operations of a sovereign fund are just different.
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AprWhisperer
· 05-29 12:57
Are the golden players ecstatic? But would such a large-scale sell-off cause a market crash?
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