Russia's Gold Reserves Surpass $400 Billion for the First Time

Data from the Central Bank of Russia revealed that the country's gold reserves exceeded $400 billion by the end of January 2026, setting a new record in its history.

Significant Increase in Gold Investments

The report indicated that Russia's gold investments rose by 23.3% during the winter season, totaling around $402.7 billion, an unprecedented level for modern Russia.

Growth in Overall International Reserves

Additionally, Russia's total international reserves, which encompass gold, foreign currencies, and other assets, reached $826.8 billion by January 30, achieving another historical milestone.
The Central Bank noted that this increase represented a weekly rise of $39.9 billion, or 5.1%, primarily due to favorable revaluation of the assets within the international reserves.

Economic Implications

This rise in reserves and international liquidity underscores Russia's financial stability and enhances its capacity to navigate global economic uncertainties and fluctuations in currency and precious metal markets.