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Gold reserves in international reserves of Russia in 2014 increased by 16.5%

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Monetary gold reserves in international reserves of the Russian Federation for 2014 increased by 16.5% - to 38.8 million ounces (1,206.8 metric tons) from 33.3 million ounces (1,036 tonnes) on January 1 last year, according to the Bank of Russia materials .
The value of gold in reserves increased by 15.3% - up to 46.089 billion dollars from 39.99 billion dollars at the beginning of 2014. The share of gold in international reserves also increased significantly - up to 11.96% from 7.8%.
In December last year, the gold reserves in reserves rose by 1.6% - from 1,188 tons as of December 1. Gold prices in the last month of the year increased by 1.9%, from 45.222 billion. The share of gold in reserves on December 1 was 10.8%.
The physical volume of gold in international reserves in recent years has been growing steadily: January 1, 2007, inventories amounted to 402 tons of gold, on January 1, 2008 - 450 tons, on January 1, 2009 - 519 tons, as of January 1 of 2010 - 637.6 ton, as of January 1 of 2011 - 789.9 tons, as of 1 January 2012 - 883.2 tons, on January 1, 2013 - 958 tons, on January 1, 2014 - 1,035 thousand tons.
 
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