Russia and De-Dollarization

Russia and De-Dollarization and Rebalancing Reserves

Russia has spent over a year of de-dollarizing and rebalancing its reserves

Russia’s Gold Reserves vs. U.S. Treasury holdings.

Russia boosted gold reserves 16% in 2014 while lowering their U.S. Treasury Holdings by nearly 30% as part of its de-dollarization strategy.

Russia added 18.7 tons of gold to its reserves in December 2014 bringing its gold reserve total to 1,207 tons (worth approximately $50 billion) and lowered its U.S. Treasury holdings to $108 billion from $140 billion a year ago.

Buy Gold Online

Russian De-Dollarization Illustrated

Russia’s de-dollarization that began before western sanctions were imposed, has accelerated. In December, Russia announced the addition of 18.7 tons of gold to its reserves bringing its total as of year end 2014 to 1,207 tons up from 1,035 tons as of year end 2013.

Russia has lowered their U.S. Treasury bond holdings from $139.9 billion as of November 2013 to $108.1 billion.

Chart showing Russian U.S. Treasury and gold reserve holdings as ov November 2013

In November 2013, Russia held nearly $140 billion in U.S. Treasury bonds and $43 billion worth of gold* (about 1,036 tons).

Chart showing Russian U.S. Treasury and gold reserve holdings as ov November 2013

In December 2014, Russia held $108.1 billion in U.S. Treasury bonds and $50.2 billion worth of gold* (about 1,207 tons).

Update May 20, 2015

russian gold vs US Treasury holdings chart

In March 2015, Russia held $69.9 billion in U.S. Treasury bonds and about $47.8 billion worth of gold in April** (about 1,247 tons).

*based on average gold price of $1300 an ounce.
**based on average gold price of $1200 an ounce

Gold In Russian Roubles

chart showing gold measured in Russian Roubles

Gold as measured in Russia Roubles is near an all time high (as of January 23).

Get Free Updates From

Subscribe to and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.

Subscribe to to receive free silver and gold updates and analysis.

Further Reading:

Russia adds 600,000 ounces of gold to its reserves in December

Top foreign holders of US Treasuries

Gold Reserves By Country – Top 20

Gold Repatriation Requests (updated regularly)

Gold Supply and Demand

The Importance of Gold

Save our Swiss Gold

Russia adds 600,000 ounces of gold to its reserves in November

Russia adds 600,000 ounces of gold to its reserves in October 2014

Russia adds 1.2 Million Ounces to its Reserves in September

Russia Adds 300,000 Ounces of Gold to its Reserves in August

Russia adds 300,000 Ounces of Gold to its Reserves in July

Russia adds 500,000 Ounces of Gold to its Reserves in June

Russia Continues to Boost its Gold Reserves in May

The Smaulgld Gold Buying Guide

The West Sells Paper Gold While the East Buys Physical Gold

Gold Continues to Move From West to East

Top Foreign Holders of U.S. Treasuries

Russia, Ukraine and the Dollar

Are Russia and China Moving Against the Dollar

Gold and Silver Price Manipulation – Suspected

Gold and Silver Price Manipulation – Actual

China Hoards its Gold Production and Ramps up its Imports

Royal Canadian Mint

Please visit the Smaulgld Store for a larger selection of recommended Kindles, books, music, movies and other items.

You can support by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion, BGASC, Golden Eagle Coins, Perth and Royal Canadian Mint ads on the site.

Buy American Gold Buffalo Coins

*DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute legal, tax or investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation