Binance Square
Discover
News
Notification
Profile
Bookmarks
Chats
History
Creator Center
Settings
Post
GuttSHOT
--
Sonia boloch
·
--
⚡️ SHOCKING NEWS
Russia Starts Selling Its Gold Reserves — For Real!
🧾 Russia’s Central Bank has broken a long-held taboo: for the first time, it’s selling physical gold from its reserves as part of its budget funding operations.
⁣
🔍 Why this matters:
Gold operations have been increasing due to higher domestic market liquidity.
The government is now using both yuan and gold from its National Wealth Fund (NWF) to support its budget.
Russia’s total gold holdings are massive — over 2,300 tons.
These sales happen while Western currencies are largely frozen for Russia due to sanctions.
📉 Implication: Ye move ruble ko support karne mein madad de sakta hai aur Russia ke budget deficit ko manage karne ka ek naya zariya ban sakta hai.
🔥 Bottom line: Russia is not just hoarding gold anymore — it’s liquidating some of it to bolster its finances. This could reshape how the world sees its reserves.
$PAXG
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
1
1
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
Cookie Preferences