Business

Russia’s central bank sells gold at fastest pace since 1998 crisis

Tymon Miller

21.10.2026, 13:43

For two decades, Russia built up one of the world's biggest gold stockpiles. — For two decades, Russia built up one of the world's biggest gold stockpiles. Photo by Sefa Karacan/Anadolu via Getty Images

The sell-off comes as pressure mounts on Moscow’s wartime finances