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Russia is selling off its gold reserves at the fastest pace since 1998 to cover the budget deficit

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Russia is selling off its gold reserves at the fastest pace since 1998 to cover the budget deficit

Russia is selling off its gold reserves at the fastest pace since 1998 to cover the budget deficitRussia’s central bank sold about 62 tonnes of gold over 10 months. The budget deficit in 2026 could rise to 7.3 trillion rubles.
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22 of October 2026

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