All news
Central banks

Russia's Gold Reserves Hit Six-Year Low as Fiscal Pressures Force Drawdown of 'Safety Cushion'

World Gold brief based on reporting byfinance.biggo.com
Brief

Reported by finance.biggo.com: “Russia's Gold Reserves Hit Six-Year Low as Fiscal Pressures Force Drawdown of 'Safety Cushion'”. Gold settled at $4,599 an ounce on August 21, 2026 — $147.85 per gram, +1.83% on the day. 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
  • 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 publisherfinance.biggo.com
Data on this topicGold price and reserves in RussiaGold price today by currency
Related coverageCentral banksWorld Gold Council: China's gold ETFs recorded net inflows in July as central bank gold purchases remained robustCentral banksOnce the world's top gold buyer, Russia's central bank now a steady sellerCentral banksWhich Countries Have the Largest Gold Reserves?Central banksCentral banks boost gold buying despite price d...