Bloomberg News

Russia Boosted Gold Holdings to 28.1 Million Ounces

December 20, 2011

(Corrects month in headline.)

Dec. 20 (Bloomberg) -- Russia’s central bank boosted its gold holdings to 28.1 million troy ounces last month, from 28 million at the end of October.

The stockpile was valued at $48.2 billion as of Dec. 1, compared with $48.6 billion a month earlier, Bank Rossii said on its website today.

--Editor: Paul Abelsky

To contact the reporter on this story: Paul Abelsky in Moscow at pabelsky@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net


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