Central banks
Once the world's top gold buyer, Russia's central bank now a steady seller
World Gold brief based on reporting byinvestingLive
Reported by investingLive: “Once the world's top gold buyer, Russia's central bank now a steady seller”. Gold settled at $4,589 an ounce on August 21, 2026 — $147.55 per gram, +2.23% on the day. The story touches Russia: we track local prices and customs flows for those.
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.
- official reserves
- physical demand
- currency confidence
- long-term expectations
- 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.