🚨 Russia Is Quietly Burning Its Gold Cushion 🇷🇺
Over the last three years, Moscow has been steadily converting gold into cash — unloading close to 70% of the gold once held inside Russia’s National Wealth Fund. The proceeds have gone toward covering budget gaps, supporting state-owned banks, funding infrastructure, and sustaining military operations in Ukraine.
This isn’t a routine portfolio adjustment. It’s one of the largest reserve drawdowns in recent memory, suggesting that short-term liquidity has taken priority over long-term financial insurance.
🔍 Why this matters
• Russia once aggressively accumulated gold to shield itself from sanctions and currency risks
• Today, NWF gold holdings are estimated to be down to roughly 30% of their former level
• A thinner reserve buffer reduces flexibility if sanctions tighten or global shocks intensify
🌍 Bigger picture
Markets are watching closely. When a major gold-holding nation drains its reserves, it sends a signal — not just about finances, but about geopolitical stress and economic endurance. The move also raises questions about future gold demand from central banks and how long Russia can sustain current spending without rebuilding reserves.
This is more than a commodities headline.
It’s a clear example of how war and pressure can force even resource-rich economies to cash in their safest assets. 💰⚠️
