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Russian Gold reserves down 62 tonnes this year as they support the wartime economy

World Gold brief based on reporting byFXStreet
Brief

Reported by FXStreet: “Russian Gold reserves down 62 tonnes this year as they support the wartime economy”. Gold settled at $4,038 an ounce on October 26, 2026 — $129.84 per gram, +0.76% on the day. The headline carries a figure: 62 tonnes — quoted as published, not independently verified. The story touches Russia: we track local prices and customs flows for those.

Why it matters

Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
  • official confirmation of 62 tonnes
  • reserve and import data: Russia
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherFXStreet
Data on this topicGold price and reserves in RussiaGold price today by currency
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