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Last week, the World Gold Council (WGC) published the latest quarterly figures concerning the gold market. What caught our attention? Putin is increasing Russian gold reserves; last quarter the Bank of Russia purchased 55 tons of gold (according to my calculations, a 10 percent increase). It thus seems that Russia wants to profit from the recent lows in gold prices.

Which 3 Central Banks Bought Gold This Quarter?

Why Does Russia Buy That Much Gold?

The "Ruble-Dollar"-Peg is History

Why China’s Central bank Is Buying Gold as Well

Some Remarks on the Oil Price

Which Was the Third Central Bank That Bought Gold?

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