Jul 302013
 

Russia continues its gold buying spree, adding 0.3 tonnes to its 996.4 tonne stockpile, marking a nine month increase, according to the IMF’s June statistics report.

Russia’s Central Asian neighbors followed suit in June- Kazakhstan boosted reserves by 1.4 tonnes to a total of 130.9, Azerbaijan added 2 tonnes for a total of 8 tonnes, and Kyrgzstan, which bought less than 0.1 tonnes to total 3.3 tonnes. Ukraine, Greece, Belarus and Bulgaria also added small amounts to their gold reserves.

Putin&HisGold

Russia Follows The Yellow Brick Road, Increases Gold Reserves