Freed from the relevant quantities of American debt securities (they have been sold in recent months in the amount of 80 billion), Russia has continued to accumulate reserves of gold in their vaults. This is the so-called Monetary Gold, the volume of which grew in June by another 0,8%. In real terms, the increase amounted to about 15,6 tonnes.
At the beginning of July, as shown by the Bank of Russia Statistics, the volume of gold reserves in Russia totaled nearly 1944 tons. This indicates, that from the beginning 2018 the Central Bank bought more 105 tons of gold.
Russian gold reserve increases in recent years. So, at 2015 , he added more 17%, at 2016 year - about 14%, last year - 13,87%. In the current year it is planned to remain at the level of at least 10% savings growth is monetary gold.
To date, gold is trading at the Central Bank quotes 2500,18 rubles per gram. Gold in the international markets after the multi-directional movement of its value “increased” almost 7,6% in several days.
experts are wondering, What are the plans of the Russian authorities may be associated tendency to reset the main share of US securities (now they are in Russia not 100 to deprive billions of dollars, and less than 15 billion) and simultaneously build gold reserves. One version: the airbag in the event, If you start a trade war the United States "against all" will cause the next global economic crisis, as a result of which the goods could be back at one of the leading places in the economy. Another question: It will be whether the item is gold? But, ultimately, gold over the medium term do not exactly lose function to ensure the money supply for the majority of world economies. by the way, a few days ago, US President stated, it intends to increase the volume of duties on Chinese goods to the amount of half a trillion dollars to. And that virtually all trade between China and the US.
