The country’s holdings exceeded $150 billion in November Russian gold reserves surpassed the all-time high in monetary terms, reaching $151.9 billion in November, according to the latest data released by the Bank of Russia. The stockpile surged 2.2%, or $3.198 billion month-over-month; however, in physical terms, the country’s gold reserves declined by about 16 tons to 2,315 tons, decreasing for the second consecutive month, the data shows. The increase in value was due to rising global gold prices. Russia’s total international gold and foreign exchange reserves amounted to $592.352 billion as of December, with fo
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