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Russia's Gold Reserves Reach Record $247Bln in April - Central Bank

MOSCOW (Sputnik) - The value of Russia's gold reserves in April broke a record and amounted to $247 billion, according to the Russian Central Bank.
Sputnik
Russia's international reserves as of the morning of May 1 had grown to $680.3 billion from $647.4 billion on April 1, the Central Bank said on Monday.
As a result, the share of gold in Russian assets increased to 36.3% from 35.4% a month earlier. This is the highest figure since October 1999, when the share of gold was 39.7%.
The maximum share of gold in the country’s reserves was recorded on January 1, 1993 - 56.9%, and the minimum in June 2007 - 2.1%.
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