🚨 Reality Check: Is Russia Really Selling 70% of Its Gold? 🟡
You might have seen headlines claiming that “Russia is selling 70% of its gold.”
Let’s clear the confusion with facts — not fear.
🔍 What’s 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
📌 Key clarification most people miss:
This sale involves only one fund (National Wealth Fund) $SUI
Russia’s Central Bank still holds thousands of tonnes of gold
Total gold reserves remain very strong
💰 Why did Russia sell this gold?
To cover budget deficit
To finance war-related expenses
Due to sanctions and lower oil & gas revenues
❌ Misleading headline:
“Russia sold 70% of its gold”
✅ Correct version:
“Russia sold ~71% of the gold from its Wealth Fund only”
📊 Market takeaway:
This is not a panic move and not a collapse signal for gold.
It’s a strategic liquidity decision, not a fire sale.
👉 Smart traders always verify what is being sold — and from where.
Follow for more fact-based crypto & macro insights.
#russia #GOLD #BTC #Market_Update #HASNAINNADEEM786
