By Rhod Mackenzie
In late 2023, Russia's gold reserves reached a new record high. This article looks at the recent changes in the structure of international currency assets, the decreasing share of the dollar and euro, the stability of this scheme, and the importance of gold for the Russian econom...
By Rhod Mackenzie
Russia's gold reserves have reached a new historical record level and this is despite the huge number of sanctions imposed the the US and its allies. The Bank of Russia is buying more precious metal, plus the rising price of gold is contributing to this achievement.
This strat...
By Rhod Mackenzie
Analysts interviewed by RIA Novosti predict that gold and its related financial instruments will maintain their investment relevance and status as a hedge against inflation in 2024.
Investments in gold are considered conservative and can act as a protective asset during periods...
By Rhod Mackenzie
The news that Russia is considering the possibility of storing part of its reserves in the currencies of the United Arab Emirates and Saudi Arabia made us think: why are we always looking for a safe haven abroad and not investing in our own projects?
Stocks abroad
Let's start...
By Sofwan F Arrasyid
The global economy always moves in ever-evolving dynamics, every economic actor, whether countries, groups of countries, multinational private companies or international organizations, has a significant role. One group that is increasingly prominent in the world economic lands...
By Rhod Mackenzie
The Russian bank VTB published figures regarding their sales of gold ingots to individual customers. It appears that Russians are still keen to buy gold, and this autumn the demand has gone up. What is the reason behind this sudden craze for gold and what other ways are there to...