Russia raises gold holdings for 9th month in a row


A machine makes engravings on an ingot of 99.99 percent pure gold at the Krastsvetmet nonferrous metals plant in Russia's Siberian city of Krasnoyarsk. Russia increased its bullion holdings by 20.73 tonnes to 1,208.23 tonnes in December 2014 - Reuters Photo.

SINGAPORE: Russia raised its gold reserves for a 9th straight month in December as the country continued to add to the fifth biggest gold holdings in the world, data from the International Monetary Fund showed on Tuesday.

Russia increased its bullion holdings by 20.73 tonnes to 1,208.23 tonnes in December, the IMF data showed.

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