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This country made a record in buying gold!



Russian gold reserves reached the highest level in the country’s recent history in September, according to the online economy report, quoted by Fars, Rianavosti wrote.

Russia has increased its gold reserves by 2% in September, and the total volume of this precious metal in the country’s treasury has reached 2360 tons, which is the largest amount in the modern history of Russia.

Russia’s gold reserves are the fifth largest gold reserves in the world after the United States, Germany, Italy, France and China.

Russia’s hoarding of gold is part of a global trend that has seen central banks buy record amounts of the precious metal and prepare for more economic instability.

According to a recent report by the World Gold Council, China was the largest buyer of gold in the world in the third quarter of this year, and India, Turkey and Russia are among the other emerging economies that have significantly increased their reserves.

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