đš RUSSIA MAKES HISTORY: Selling Its Gold Reserves! đŠđ„
For the first time ever, Russiaâs Central Bank is officially selling physical gold from its reserves â a move shaking global markets.
đ§Ÿ Key Details:
đ·đș Tapping into 2,300+ tons of gold to fund its budget.
đ° Coordinated with yuan withdrawals from the National Wealth Fund (NWF).
đ Domestic gold liquidity is rising, boosting local market operations.
đ§ With Western currencies frozen, gold becomes a strategic economic weapon.
đ Why It Matters:
â Could strengthen the ruble đ±
â Helps cover budget deficits đ
â Signals a shift: gold is no longer just a store of value â itâs now a liquid tool for economic strategy.
đ„ Bottom Line:
Russia is unlocking, not hoarding, gold â a move that could reshape global reserve strategies and impact gold-linked assets like $PAXG .