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Russian sales bring gold reserves to their lowest since 2020

World Gold brief based on reporting byMining.com
Brief

Reported by Mining.com: “Russian sales bring gold reserves to their lowest since 2020”. Gold settled at $4,662 an ounce on August 21, 2026 — $149.87 per gram, +3.22% 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 publisherMining.com
Data on this topicGold price and reserves in RussiaGold price today by currency
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