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

According to data from the Central Bank of Russia, the nation's gold reserves surpassed the $400 billion mark at the end of January 2026, achieving a historic milestone for the country.

Unprecedented Growth in Gold Investments

The data revealed that Russia's investments in gold increased by 23.3% over the winter, reaching about $402.7 billion, a record level in modern Russian history.

Increase in Global International Reserves

Overall, Russia's international reserves, which include gold, foreign currencies, and other assets, reached $826.8 billion as of January 30, also setting a new historical high. The Central Bank noted that this increase represented a weekly rise of $39.9 billion, or 5.1%, attributing these gains mainly to positive revaluation operations of the assets that comprise the international reserves.

Economic Significance

This growth in reserves and international liquidity reflects the strength of Russia's financial solvency and enhances its ability to withstand global economic shocks and fluctuations in currency and precious metal markets.