Russia plans to significantly increase gold purchases, raising the scale by five times

智通财经2026/10/07 07:35

Show original

(1) On October 5th, the Russian Ministry of Finance announced that it would increase its purchases of foreign exchange and gold by five times from October 7th to November 6th. (2) This purchase plan involves funds of approximately 279.42 billion rubles. (3) The arrangement indicates that Russia will significantly ramp up its gold purchases in October.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.