IMF Gold Assets Fall 16.85 Tons as Russia Adds to its Holdings
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The International Monetary Fund’s gold reserves fell by 16.85 metric tons in July as Russia added 16.2 tons to its holdings, according to figures from the Washington-based lender.
Reserves of gold at the IMF were 2,917.07 tons at the end of July, compared with 2,933.92 tons a month earlier, data on the IMF’s website show. Russia increased holdings to 726.02 tons last month from 709.81 tons, according to the figures.