VLADIVOSTOK, Russia (Sputnik) - The volume of gold added to Russia's reserves in the first half of 2025 was 450 tonnes, compared to 313 tonnes for the same period last year, representing a growth rate of 43.8%, Russian Natural Resources Minister Alexander Kozlov tells Sputnik.
"In the first half of 2025, the country's gold reserves increased by almost 450 tonnes, compared to 313 tonnes for the same period last year," the minister said on the sidelines of the Eastern Economic Forum.
By the end of 2025, the growth in gold reserves is expected to exceed 500 tonnes, the minister said. However, if large deposits are discovered and registered, this figure could be even higher, Kozlov added.
In early January, Russia's State Commission for Mineral Reserves told Sputnik that 2024 saw an increase in Russia's gold reserves, which amounted to almost 900 tonnes.