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World News@lemmy.worldEnglish · 2 months ago

Russia Puts Giant State Diamonds Up for Auction After Record Gold Selloff

united24media.com

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Russia Puts Giant State Diamonds Up for Auction After Record Gold Selloff

united24media.com

inari@piefed.zip to

World News@lemmy.worldEnglish · 2 months ago

34

Russia's Finance Ministry will auction large rough diamonds from state reserves, seeking funds amid mounting war costs and following a record gold selloff.

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ExLisper@lemmy.curiana.net
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2 months ago

How much fucking gold did they have?

My guess is 43 tons. That’s why they are selling diamonds now.
- Treczoks@lemmy.world
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  2 months ago
  They still do have gold. There is a list of national gold reserves here: https://tradingeconomics.com/country-list/gold-reserves
  
  But they moved down from one of the top spaces to number eight in recent years.

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