Question Details

Will Russian Gold Reserves as of Dec 2022 fall below 2.000 tons coming from 2.317 tons Dec 2021?

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Will Russian Gold Reserves as of Dec 2022 fall below 2.000 tons coming from 2.317 tons Dec 2021?

Asked by: Super UserJosef Biesenberger in Business » Economics
Settled on 02/20/2023 12:01 Settled by Super UserJosef Biesenberger
Winning option:No

Predictions

Background

Global:
https://tradingeconomics.com/country-list/gold-reserves

Russia:
https://tradingeconomics.com/russia/gold-reserves

see historical charts and latest figures here:
https://edwardslavsquat.substack.com/p/russias-gold-reserves-the-good-the?s=r

in US-$
https://www.ceicdata.com/en/indicator/russia/gold-reserves

Calculation from US-$ to tons:
Gold_reserves_in_$ / price_oz_in$ = ounces
ounces / 32,150743126506 = kg
kg / 1000 = tons

for December 2021: 133.070.000.000 $ / 1.786_$ / 32,150743126506 / 1.000 = 2.317 tons
for December 2020: 138.754.000.000 $ / 1.880_$ / 32,150743126506 / 1.000 = 2.296 tons
for December 2015: 48.563.000.000 $ / 1.070_$ / 32,150743126506 / 1.000 = 1.411 tons

1kg = 32,151 oz
https://www.unitjuggler.com/mass-umwandeln-von-kg-nach-oztr.html

https://www.kitco.com/news/2021-02-22/Russia-boosts-it-s-gold-holdings.html

Find similar: Gold, reserves, russia

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