Central banks
Russia is selling off gold reserves. Why, to whom, and does it matter for the market?
World Gold brief based on reporting byXTB.com
Reported by XTB.com: “Russia is selling off gold reserves. Why, to whom, and does it matter for the market?”. Gold settled at $4,150 an ounce on October 21, 2026 — $133.43 per gram, +0.18% 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.