Tag Archives: hoarding

Russia Continues to Stack, Adding Nearly 25t of Gold in June

As we have covered before, Russia has been building up its gold reserves over the past nine years, and last month the country added a whopping 24.9 tons, increasing their total hoard to more than 1,275 tons of gold.   … Continue reading

Posted in Gold, Precious Metals News | Tagged , , , , , , , , , , , , | Comments Off

China Finally Reveals Gold Holdings

After six years, China finally revealed its “total” gold hoard today in a statement issued by the PBOC (People’s Bank of China). The grand total? 1,658 metric tons, placing the country in 5th place worldwide. It’s an increase of more … Continue reading

Posted in Gold, Precious Metals News | Tagged , , , , , , , , , , , , , , , , , | Comments Off

Russia Is Hoarding Gold

Each month, Russia continues to increase its reserves of gold, as it added almost 340,000 troy ounces in July, the IMF reported this week. The total gold estimated in Russia’s Central Bank reserves now totals more than 35.5 million ounces. … Continue reading

Posted in Gold, Precious Metals News | Tagged , , , , , , | Comments Off