According to the Central Bank of Russia's gold and currency reserves in February 2019 increased by 31.1 tons until March 1 reached the level of 2149 tons. Russia in January increased gold reserves by 6.22 tons.
Several sources in business led to Bloomberg, gold may be a problem, as more and more countries are adopting a strategy similar to that in Russia.
American partners, such as France, Poland and Hungary have already decided on a similar purchase of gold or watch its dependence on the dollar, as the issue of sovereignty.
Chief Economist "Renaissance Capital" Oleg Kuzmin said that a lot of tension with Washington results in Russia continues to increase the amount of gold in its foreign reserves.
But we can talk about some of the events, the Central Bank of Russia has been achieved in this area. Ronald-Peter Stoeferle, managing partner Inkrementum AG, said that "gold profits" Russia influenced the increase in the world price of gold in recent years.
The price of gold rose more than 20 percent compared with 2016 i reached March 29 around $ 1,300 per ounce. In the previous month, economists estimate that the Central Bank of Russia will receive income for at least ten billion dollars due to the growth of their assets in gold prices.