Russian banks up precious metal reserves by 1 tonne in Sept

MOSCOW. Nov 10 (Interfax) - Precious metal reserves in Russian banks were estimated at 861 billion rubles at the start October 2026, the Central Bank of Russia reported.

This is equal to 76.5 tonnes of precious metals in gold equivalent based on official prices.

It can be concluded with some assumptions that precious metal reserves in banks in terms of gold grew by 1 tonne or 1% in September, based on the CBR's information.

Precious metal reserves in banks are a rather arbitrary indicator that are calculated on a specific date and do not reflect the movement of precious metals on other days. Nevertheless, these can serve as an illustration of the scale of gold reserves in banks and general trends in this segment.