Russia's sovereign gold reserves plunge 5.7 tonnes in April to 24-year low amid mounting deficits T...

Russia's sovereign gold reserves plunge 5.7 tonnes in April to 24-year low amid mounting deficits The gold reserves of Russia's central bank declined for the fourth consecutive month in April, recording the sharpest drop in a quarter century.As of May 1, the Central Bank of Russia (CBR) held 73.9 million ounces of gold bullion in its international reserves. In just one month, their gold reserves decreased by 200,000 ounces, bringing the total decline since the start of 2026 to 900,000 ounces.