Gold reserves of gold reserves in Russia in August rose by 1.2% — to 1013.97 tons

Monetary gold reserves in Russia’s international reserves rose in August compared with July, by 1.2% to 32.6 million ounces (1,013.97 tonnes), according to the materials of the Bank of Russia.

The value of gold in reserves rose by 6.7% to 45.472 billion dollars from 42.63 billion dollars on August 1. The proportion of gold in international reserves rose to 8.9% from 8.3%.

For 2012 growth stock of monetary gold in Russia’s international reserves amounted to 8.5% to 30.8 million ounces from 28.4 million ounces.

The physical volume of gold in the international reserves in recent years has been steadily increasing: January 1, 2007, inventories amounted to 402 tons of gold, on January 1, 2008 — 450 tons, on January 1, 2009 — 519 tons, on January 1, 2010 — 637.6 ton, on January 1, 2011 — 789.9 tonnes on January 1, 2012 — 883.2 tonnes on January 1, 2013 — 958 tons.

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