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Russia’s Gold Reserves Surpass $310 Billion for First Time

November 2025 data shows gold accounting for 42.3% of Russia’s international reserves, the highest proportion since 1995.

Summary

Russia’s gold reserves reached a market value of $310.7 billion in November 2025, surpassing $300 billion for the first time. Gold constituted 42.3% of the country’s international reserves, the highest share recorded since February 1995.

Terms & Concepts
  • International reserves: Assets held by a country's central bank in foreign currencies, gold, and other reserve assets to back liabilities and influence monetary policy.
  • Gold reserves: Holdings of gold by a central bank or government, often used to support currency value and financial stability.