đš Reality Check: Is Russia Really Selling 70% of Its Gold? đĄ
You might have seen headlines claiming that âRussia is selling 70% of its gold.â
Letâs clear the confusion with facts â not fear.
đ Whatâs actually happening?$PUMP
Russia has sold around 71% of the gold held in its National Wealth Fund, not 70% of its total national gold reserves.$BTC
đ Key clarification most people miss:
This sale involves only one fund (National Wealth Fund) $SUI
Russiaâs Central Bank still holds thousands of tonnes of gold
Total gold reserves remain very strong
đ° Why did Russia sell this gold?
To cover budget deficit
To finance war-related expenses
Due to sanctions and lower oil & gas revenues
â Misleading headline:
âRussia sold 70% of its goldâ
â Correct version:
âRussia sold ~71% of the gold from its Wealth Fund onlyâ
đ Market takeaway:
This is not a panic move and not a collapse signal for gold.
Itâs a strategic liquidity decision, not a fire sale.
đ Smart traders always verify what is being sold â and from where.
Follow for more fact-based crypto & macro insights.
#russia #GOLD #BTC #Market_Update #HASNAINNADEEM786



