The Central Bank of the Russian Federation reported an increase in Russia's gold reserves by $92 billion over the year.

Russia's gold reserves have grown by a record $92 billion over the past year. This follows from the data of the Central Bank of Russia, which became known on November 13.

On November 1, 2025, there were $299.8 billion worth of gold bars in the vaults of the Bank of Russia, RIA Novosti news agency cites data from the Central Bank of the Russian Federation.

It is assumed that this happened due to the rally in the gold market: metal prices increased 1.5 times during this period, to $4 thousand.

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Earlier, on October 22, Alexander Schneiderman, head of Alfa-Forex's customer support and sales department, said that the decline in gold prices should be considered not as the beginning of a market reversal, but as a short-term correction after the rapid growth that has continued over the past year. The reasons for the volatility, the expert explains, are primarily related to technical factors — overbought conditions, a significant volume of margin positions of trailers and general nervousness on financial markets.

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