Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...

Subscribe Log in

Gold & Silver Prices

Home>Investing in Mining Stocks>Russia to sell gold amid budget problems, Pravda reports on source basis

Articles NewsFlow Gold & Silver Prices Market Briefing

In the same category
Gold Mid-Tiers’ Q2’24 Fundamentals Adam Hamilton Gold’s Defiant Summer Adam Hamilton

Russia to sell gold amid budget problems, Pravda reports on source basis

IMG Auteur

Chris Powell

GATA

Published : October 25th, 2016

105 words - Reading time : less than a minute

( 0 vote, 0/5 )

Print article

Article

Comments

Comment this article

Rating

All Articles

0

Send

0

comment

Our Newsletter...

FOLLOW : Economics Georgia Gold Precious Metals Russia Russian Treasury

Disclaimer

Category : Investing in Mining Stocks


	The Russian Finance Ministry intends to reduce purchases by the state fund of precious metals and stones. At the same time, it is planned to begin selling gold and diamonds to replenish the treasury. A source told Pravda: "The reasons for this decision are clear. In Russia, there is a problem with the budget deficit, revenues are reduced, costs do not decrease, and the Finance Ministry is looking for ways to fill the revenue part ... through the sale of gold and precious stone reserves. ... The Finance Ministry has decided to take profits. ... ... For the remainder of the report, in Russian: http://www.pravda.ru/news/economics/24-10-201...73-vyazovsky-0/

Data and Statistics for these countries : Georgia | Russia | All

Gold and Silver Prices for these countries : Georgia | Russia | All

Previous article

Rate :

Average note :0 (0 vote)

IMG Auteur

Chris Powell 13 abonnés

All his articles

Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

His latest articles

Venezuela's Guaido asks Citibank to freeze gold swap with Ma

Newmont CEO is unenthusiastic about prospects for gold price

Subscribe to his services

Similar articles you might enjoy :

The Overreach of Power and Privilege

Gold: Structural Inflation & The Roaring 2020s

Comments closed

All

Favorites

Best Rated

Latest comment posted for this article

Be the first to comment

Add your comment

Top articles

Services

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis

World PM Newsflow

ALL

11:07Stock of the day: Star Entertainment Group - IG Richard Von Strigl

11:05Stock of the day: Star Entertainment Group - IG Richard Von Strigl

10:34West Africa: Canadian Gold Miner Pasofino Receives $75M Buyout Offer - Ecofin Agency Ecofinagency

10:31Hummingbird signs exclusivity deal for Pasofino takeover - Mining Technology Mining-technology

10:24Barrick Gold (TSX:ABX) Forecasts 30 Growth in Gold-Equivalent Production by 2030 Kalkinemedia

GOLD

11:07Stock of the day: Star Entertainment Group - IG Richard Von Strigl

11:05Stock of the day: Star Entertainment Group - IG Richard Von Strigl

10:34West Africa: Canadian Gold Miner Pasofino Receives $75M Buyout Offer - Ecofin Agency Ecofinagency

10:31Hummingbird signs exclusivity deal for Pasofino takeover - Mining Technology Mining-technology

10:24Barrick Gold (TSX:ABX) Forecasts 30 Growth in Gold-Equivalent Production by 2030 Kalkinemedia

SILVER

04:05Sierra Nevada returns 1,880g/t silver at Crystal Peak - Mining.com.au AgoraCom

02:48Sierra Nevada Gold hits exceptional silver-gold-copper grades at new US prospects Comstock Partners

02:21

SNX Returns 1,880g/t Silver, 31.2g/t Gold and 4.94 Copper at New High-Grade Silver ...Silverinvestingnews

17 SepSEC Form 425 filed by Gatos Silver Inc. - Quantisnow Quantisnow

17 Sep

Three Top TSX Growth Stocks With High Insider Ownership - Yahoo Finance Yahoo! US

PGM & DIAMONDS

27 Mar

Explorer Platinum Creeping Closer into Lincoln Wheels.ca

27 Mar

Kylie Jenner Shows Off Platinum Blonde Hair In Racy Snap Marie Claire

27 Mar

FC Platinum, Ngezi Platinum, Bosso lead the way The Daily News

27 Mar

Super Robot Wars X Trophies Reveal Endings, Has a Platinum PlayStation LifeStyle

27 Mar

Kylie Jenner Goes Platinum Blonde Amid Claims She Wants To Be A ‘Hot’ Mum MTV UK

OIL & GAS

27 Mar

Oil tips higher as questions over Iran deal persist MarketWatch

27 MarCrude Oil Holds Near 7-week Highs London South East

27 Mar

Husky Energy Faces Canadian Charges Over 2016 Oil Pipeline Spill E&P Magazine

27 Mar

‘Single biggest change in capital markets’: China launches oil futures that could topple dollar Calgary Herald

27 Mar

3 Top Oil Stocks to Buy Right Now Fox News

OTHER METALS

01 MarKincora Copper completes prospectus for proposed listing on the Australian Securities Exchange Yahoo

27 Mar

Nickel prices trading sideways India Info Line

27 MarIndia Nickel Scrap prices drop in line with MCX Nickel Scrap Register

27 Mar

Technology shares lead US equities rebound FXstreet

27 Mar

FORECAST: Copper, nickel to outperform; zinc prices likely to peak in mid-2018 – Victorem Metal Bulletin

Contact us

Privacy policy

Disclaimer

About us

copyright 24hGold