Russia Adds Another 25 Tons of Gold To Reserves in July

Russian Central Bank Gold Reserves Rise to 1968.850 Tons in July.

Russian gold reserves are the fifth largest in the world.

Russia added 800,000 ounces of gold (24.883 tons) to reserves in July.

Russia added a record 224 tons of gold to reserves in 2017.

Russia has added 130 tons of gold in 2018, through July.

Since June 2015, the Central Bank of Russia has added over 670 tons of gold to reserves.

Overall Russian reserves rose from $456.749 billion in June to $458.031 billion in July.

Russian holdings of U.S. Treasuries were at $14.9 billion in May 2018 down from $48.1 billion in April 2018.

Gold reserves worth $77.410 billion constitute 16.9% of overall Russian reserves.

Watch the video companion to “Russia Adds Another 25 Tons of Gold To Reserves in July”

Watch on Bitchute

Smaulgld Super Classic Mug – $23.99 with Free Shipping in the Continental United States.

Get Mugged!

Smaulgld Classic Mug – $19.99 with Free Shipping in the Continental United States.

The Lowest Cost. Period.

You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin.*

Check out all the Smaulgld podcasts here.

Not a Smaulgld subscriber? Sign up here.

Donate To via paypal

Russian Gold Reserves Swell as U.S. Treasury Holdings Shrink

The gap between the Central Bank of Russia’s gold reserves and their U.S. Treasury holdings widened in May. Russia’s gold reserves exceeded the value of their U.S. Treasury holdings for the first time in April. The U.S. Treasury department revealed that Russia’s holdings of U.S. Treasuries fell from $96.1 billion in March 2018 to $48.7 billion in April 2018. Russia’s U.S. Treasury holdings fell further to $14.9 billion in May.

According to the Central bank of Russia, their gold reserves were worth $77.4 billion in July 2018 down from $78.167 billion in May 2018. The decline in value was due to the decline in the value of gold in dollar terms.

Today, the Central Bank of Russia revealed that their gold reserves increased by another 800,000 ounces or 24.883 tons in July bringing their gold reserves to 1968.850 tons worth $77.4 billion as of the end of July 2018.

Russia does little trade with the United States and has been subject to a series of U.S. inspired sanctions for the past few years. As a result, while Russia had been working on increasing its overall foreign reserves in recent years, it focused more on adding gold than U.S. Treasuries.

The drop in May of $33.2 billion in U.S. Treasuries from April followed another large shedding of U.S. Treasuries by the Central Bank of Russia (Russia sold $47.4 billion in US Treasuries in April) Russia began rebuilding its U.S. Treasury holdings in mid 2015 when they reached a low of $66.5 billion. Russia’s U.S. Treasury holdings reached a recent peak of $108.7 billion in May 2017.

Russian Gold Reserves vs. U.S. Treasury Holdings

Russian Gold vs U.S. Treasury Holdings January 2017 - 2018 through May

Russian U.S. Treasury and gold reserves source: U.S. Treasury TIC report and Russian Central Bank, respectively.

After adding 6,700,000 ounces (208 tonnes) of gold to her reserves in 2015, the Russian Central Bank added 6,400,000 ounces (199 tonnes) in 2016 and another 224 tons (7,202,000 ounces) in 2017.

The Central Bank of Russia ended 2017 with 1838.21 tonnes of gold on their balance sheet.

Central Bank of Russia added 7.2 Million ounces (approximately 223.945 tonnes) in 2017.

Through June 2018, the Central Bank of Russia has added 4.2 million ounces or approximately 130 tons of gold.

The chart below shows the Central Bank of Russia’s Gold Reserves by month with tonnage rounded to the nearest metric ton.

Russian Monthly Gold Purchases June 2014 - July 2018

The Central bank of Russia has added about 695 tons of gold to her reserves from June 2015 – to June 2018.

Russian Additions-Subtractions to Gold Reserves 1997 - 2017

You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

Golden Eagle Coins
SD Bullion
Money Metals Exchange

The Lowest Cost. Period.

Since 2009, Russia has added over 1,100 tons of gold to its reserves more than China who added about 775 tons during the same time period.

Russian Monthly Gold Purchases June 2014 – July 2018

Russian Monthly Gold Purchases June 2014 - July 2018

Russia has added 28.6 million ounces (approximately 888.8 tons) to its reserves from June 2014 through July 2018.

Sign Up For Updates Here!

Compare American Silver Eagles for sale at:

Golden Eagle Coins
SD Bullion
Money Metals Exchange

Russia Adding Gold To Reserves At A Faster Pace Than China

From March 2016 to May 2017 China added 45 tonnes of gold to its reserves, while Russia added 246 tonnes, or 447% more.

The People’s Bank of China’s gold reserves as of September 2017 are at the same level as of October 2016. The Central Bank of Russia added 7.6 million ounces (236.39 tons) of gold from October 2016 to September 2017.

Russian and Chinese central bank monthly gold additions November 2015 - November 2016

Russia has added about 122 more tonnes of gold to its reserves than China from November 2015 – November 2016.

Roubles For Gold

Increasingly, Russia has been buying up more of their gold mining production, in effect converting roubles into gold.

The Russian Central Bank announced that it would begin buying gold on the Moscow Stock Exchange.

Russian gold additions vs russian gold reserves 2006 - 2017

Russia is retaining an increasing percentage of its gold mining output.

Sign Up For Updates Here!

Top Ten Gold reserves by Country August 20 2018

Russia has the fifth largest gold reserves of any nation.

Overall Russian Reserves

The reserves of the Central Bank of Russian have grown over $89 billion or about 24% since January 2016.

Gold represented about $77.4 billion of Russia’s overall reserves at the end of July2018, or about 16.91%.

Russian U.S. Treasury Holdings

Russia’s U.S. Treasury Bond Holdings 2014 – 2018

As of May 2018, Russia held $14.9 billion in U.S. Treasury Bonds down from $131.8 billion in January 2014.

Russian holding of US Treasuries May 2016 - May 2018

The Lowest Cost. Period.

Further reading on Russia’s gold production:

Russia’s VTB bank to supply 15-20 T of gold to China in next 12 months Russia to increase gold production

Russian gold and reserve data from the Central Bank of the Federation of Russia
If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to

Please consider making a small donation to Thanks!

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 for free to receive gold and silver updates and analysis.

Further Reading:

Russian Gold Reserves (monthly archive)

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

Top Foreign Holders of U.S. Treasuries

Gold Repatriation Requests (updated regularly)

Gold Supply and Demand

The Importance of Gold

The Smaulgld Gold Buying Guide

Gold Reserves By Country – Top 20

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

Please visit the Smaulgld Store for a large 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 Bullion Vault, Gold Broker, Golden Eagle Coin, GoldMoney, Money Metals Exchange, SD Bullion and Royal Canadian Mint ads on the site.

*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 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