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What will be Russia's top strategy to hedge against risks in 2025?
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Resolution / Starting Odds
Increasing gold reserves • 25%
Diversifying foreign currency reserves • 25%
Investing in foreign bonds • 25%
Other strategies • 25%
Official statements or policy documents from the Russian government
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Russia's Gold Reserves Exceed $200 Billion, Now 32.9% of Assets
Nov 9, 2024, 10:06 PM
Russia's gold reserves have exceeded $200 billion for the first time, according to data from the Central Bank. The share of gold in Russia's international assets increased to 32.9% by the end of October. Last month, the country increased its investments in gold by 4%, reaching a total of $207.7 billion. This move is seen as a strategic hedge against economic and geopolitical risks amid global currency volatility.
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