The Central Bank of Russia ended 2016 with 1614.267 tonnes of gold on their balance sheet.
In March 2017, the Central Bank of Russia added 800,000 ounce of gold to her reserves, raising her total to 1679.687 tons or 54.0 million ounces. In February, the Central Bank of Russia added 300,000 ounces (9.331043 tonnes) to reserves after adding 1,000,000 ounces (31.104 tonnes) in January.
The chart below shows the Central Bank of Russia’s Gold Reserves by month with tonnage rounded to the nearest metric ton.
The Central Bank of Russia added nearly 430 tons of gold to her reserves from June 2015 to March 2017.
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Russia Adding Gold To Reserves At A Faster Pace Than China
From March 2016 to March 2017 China added 45 tonnes of gold to its reserves, while Russia added 218 tonnes, or 384% more.
The People’s Bank of China’s gold reserves as of March 2017 are at the same level as of November 2016. The Central Bank of Russia added 2.1 million ounces (65.316 tons) of gold from November 2016 to March 2017.
Russia has added about 122 more tonnes of gold to its reserves than China from November 2015 – November 2016.
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