đ¨ SHOCKING UPDATE: Putinâs Gold Sell-Off Is Bleeding Russiaâs War Chest đˇđşđ°
Russian media is now openly acknowledging what analysts have suspected for years: over the past three years, Russia has quietly liquidated nearly 71% of the gold held in its National Wealth Fund.
Back in May 2022, the fund contained 554.9 tons of gold.
As of January 1, 2026, that figure has collapsed to just 160.2 tons, reportedly held in opaque, unnamed accounts at the Central Bank. đł
The cushion is thinning fast. Today, the National Wealth Fundâs total liquid assets â gold plus yuan â stand at only 4.1 trillion rubles. Analysts warn that if oil prices and the ruble fail to rebound, Moscow could be forced to drain another 60% of what remains this year, roughly 2.5 trillion rubles.
This isnât bookkeeping noise.
Itâs a shrinking financial safety net.
⢠Less funding for infrastructure
⢠Less room for social programs
⢠Less flexibility to sustain military operations
The real question now isnât whether pressure builds â
itâs how long Russia can keep spending before reserves fall to dangerous levels â ď¸đĽ



