Overview
- February gold futures on Comex briefly topped $4,850 per troy ounce on Jan. 21, setting an all-time high.
- Bank of Russia materials list monetary gold at 74.8 million ounces as of Jan. 1, valued at $326.537 billion with gold at 43.26% of total reserves.
- The Finance Ministry began daily sales of gold and yuan from the National Wealth Fund on Jan. 16 through Feb. 5 to raise 192 billion rubles, or about 12.8 billion per day.
- The central bank plans additional first-half 2026 sales of gold and yuan outside the budget rule at roughly 4.6 billion rubles per day to finance permitted ruble investments.
- Bloomberg estimates the valuation of Russia’s central-bank gold has increased by more than $216 billion since February 2022.