Gold is exported from Russia in record volumes


Russia has sharply increased the volume of export of gold abroad, trying to cover losses from a decrease in export earnings from the sale of oil and gas, which fell to a minimum over the past 16 years.


So, in September, a record 54,9 tons of yellow metal ingots were exported from the Russian Federation - three times more than in August and five times more than exported in the same period last year.

The export of Russian gold goes mainly to the UK - 53,9 tons of gold were sold there in September, which accounted for 98 percent of the total sales of the precious metal in the first month of autumn. About 200 kg were exported to Switzerland and about 800 kg to Kazakhstan. In just nine months of this year, 220,5 tons of gold were exported from the Russian Federation, the value of which is estimated at $ 12,5 billion.

In April 2020, the Central Bank suspended the purchase of gold to replenish its reserves, and the government gave permission to issue licenses to sell the precious metal abroad. Thus, at present, the sale of gold brings the budget up to one and a half billion dollars a month, which is comparable to the state's earnings from the sale of oil and gas, said Denis Poryvai, an analyst at Raiffeisenbank.
  • Photos used: https://pixabay.com
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  1. Vladimir Tuzakov (Vladimir Tuzakov) 16 November 2020 14: 29
    0
    If only profitably, EVERYTHING is taken away from Russia: human organs, children for sale, young girls on the panel, young people for "happiness", what is there to say about such trifles, wood or oil - such is the "democracy" imposed by the Gaidars and Chubais of Russia with the support "curators" from the CIA, and to this day rotting ...
    1. 123 Offline 123
      123 (123) 16 November 2020 14: 37
      +5
      If only profitably, EVERYTHING is taken away from Russia: human organs, children for sale, young girls on the panel, young people for "happiness", what is there to say about such trifles, wood or oil - such is the "democracy" imposed by the Gaidars and Chubais of Russia with the support "curators" from the CIA, and to this day rotting

      Can you get more details?
      Where and who, for example, takes organs or girls to the panel? Where are the youth sent "for happiness"?
      (About children for sale, apparently you mean surrogate mothers? Here I agree with you. Sheer disgusting).
      1. girls go to the panel themselves, but organs have to be traded.
      2. Cyril Offline Cyril
        Cyril (Kirill) 16 November 2020 15: 38
        -8
        What is the "disgusting" of surrogacy?
      3. Vladimir Tuzakov (Vladimir Tuzakov) 16 November 2020 15: 52
        -3
        With such questions, there is no understanding of the state and problems on these topics. Because no comment
        1. 123 Offline 123
          123 (123) 16 November 2020 15: 54
          +3
          With such questions, there is no understanding of the state and problems on these topics. Because no comment

          With such answers, there are no grounds for such claims. There is no need for comments, everything is clear.
    2. But once rotary lines were sold to Japan! I wonder where this little factory is now?
    3. King3214 Offline King3214
      King3214 (Sergius) 16 November 2020 14: 41
      +6
      By organs. You are probably confusing Ukraine and Russia. It is Ukraine after 2014 that has become the European leader in terms of donor organs, including for children, having doubled the prevailing prices at once.
      1. DeGreen Offline DeGreen
        DeGreen 16 November 2020 18: 49
        +3
        In Germany, advertisements are often printed: a young family, for a small fee, will give the child into good hands. And Ukrainian numbers Usually for 10 euros they offer
    4. zenion Offline zenion
      zenion (zinovy) 16 November 2020 15: 43
      0
      And Lenin is to blame for this, who planted the bomb. And the Soviet system because of the production of shoddy galoshes, which they refused to buy in Africa. The secret of making excellent galoshes, which could even fly in space, was irretrievably lost when this power came.
  2. Bulanov Offline Bulanov
    Bulanov (Vladimir) 16 November 2020 14: 46
    +3
    Russia has sharply increased the volume of export of gold abroad, trying to cover losses from a decrease in export earnings from the sale of oil and gas.

    Losses still come from the export of capital abroad. Why then sell gold? It is better to reduce the export of capital from Russia!

    ... referring to data from the Central Bank (CB). It is noted that in 2018 the export of capital amounted to $ 63 billion. Earlier, the Central Bank recorded that the net export of capital from Russia by the private sector from January to July 2019 increased by more than 1,6 times.

    The private sector exported 2020 times more money from Russia in January-August 1,7 than in the same period of 2019.
    1. zenion Offline zenion
      zenion (zinovy) 16 November 2020 15: 47
      +3
      These nobles remember well what happened to the nobles in 1917, when they were piled over the cordon without a gold reserve. It is a pity Popandopulo died, he could explain to the dull ones that the gold reserve for the fleeing people is needed in all countries.
  3. zenion Offline zenion
    zenion (zinovy) 16 November 2020 15: 40
    +2
    Finally, the authorities realized that if the gold is not handled, then it can rust.
  4. rotkiv04 Offline rotkiv04
    rotkiv04 (Victor) 16 November 2020 16: 01
    -1
    As the resources were sold, they are still being sold, nothing changes, only instead of oil and gas there is now gold
    1. Petr Vladimirovich (Peter) 16 November 2020 18: 07
      -3
      And what did you want from the coveted market economy? What were you fighting for? I bought it today, I sold it tomorrow ... Gee-gee ...
  5. Jozhik_2 Offline Jozhik_2
    Jozhik_2 (Jozhik) 16 November 2020 19: 32
    0
    The road to Great Britain was long and tightly rolled by our powers that be. I would venture to suggest that the previously mighty British lion would long ago have degraded to a tattered cat, if not for feeding from Russia.
  6. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 16 November 2020 21: 01
    -3
    Just promise further growth in articles.
    So they buy from whom they can, in order to weld. Or maybe - with us.

    And the sanctions, the Anglo-Saxons and other whitewash are for the ears of the poor.
    Money doesn't smell ...
  7. Igor Pavlovich Offline Igor Pavlovich
    Igor Pavlovich (Igor Pavlovich) 16 November 2020 22: 22
    -2
    In just nine months of this year, 220,5 tons of gold were exported from the Russian Federation

    - If I understand correctly, in a year Russia's gold reserve "lost" by 10%, thus, the ambush at current oil prices will come in 10 years forever ...
  8. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 17 November 2020 08: 31
    +3
    Every smart guy tries to insert his weighty word into the stream of indiscriminate criticism of the financial policy of the state, while not knowing the situation, the tasks, the options for their solution.
    Contrary to the statement of the 44th President of the United States about the torn to shreds of the Russian economy, the state solved and continues to solve pressing problems in all spheres, and this is an objective assessment that all sorts of clever people try to blur with all kinds of and often far-fetched horror stories, disturbing the population and provoking discontent.
    1. Ser sash Offline Ser sash
      Ser sash (Ser Sash) 18 November 2020 12: 46
      +1
      Well, they believe that the drop in living standards is three times, this is the economy torn to shreds.
  9. Alexzn Offline Alexzn
    Alexzn (Alexander) 17 November 2020 08: 31
    0
    Quote: Igor Pavlovich
    In just nine months of this year, 220,5 tons of gold were exported from the Russian Federation

    - If I understand correctly, in a year Russia's gold reserve "lost" by 10%, thus, the ambush at current oil prices will come in 10 years forever ...

    Over the year, the Russian reserve has only recovered, and gold is being sold, which is over 20% of the gold reserves.
  10. Alexzn Offline Alexzn
    Alexzn (Alexander) 17 November 2020 08: 33
    +1
    The question is - why do you need gold if you do not sell it, if necessary, in difficult conditions at a high price?
  11. Alexzn Offline Alexzn
    Alexzn (Alexander) 17 November 2020 15: 24
    +1
    Quote: AlexZN
    Quote: Igor Pavlovich
    In just nine months of this year, 220,5 tons of gold were exported from the Russian Federation

    - If I understand correctly, in a year Russia's gold reserve "lost" by 10%, thus, the ambush at current oil prices will come in 10 years forever ...

    Over the year, the Russian reserve has only recovered, and gold is being sold, which is over 20% of the gold reserves.

    The answer to minus and other talkers.
    As of 01.01.2020, the bank of the Russian Federation held 2271,31 tons of gold,

    01.11.2020/2298,7/27,39 - XNUMX, the volume has grown by XNUMX tons
    Total - physically I did not lose weight, but I GOT 10% ...
    1. Alexzn Offline Alexzn
      Alexzn (Alexander) 17 November 2020 15: 44
      +1
      Sorry - 1%
  12. Dear sofa expert. 17 November 2020 15: 43
    +3
    I don’t understand the excitement about today's Russian gold sales abroad.

    Firstly, the volume of Russian gold reserves is 2300 tons, worth $ 130,8 billion - this is 23% of the total reserves of the country, which is a very high indicator compared to the Central Bank of other countries. Secondly, metal production in Russia continues to grow. So, in 2019, its production amounted to 343,5 tons (+ 9,3% to the level of 2018), while in Russia the technology of autoclave leaching of gold from refractory ores has finally taken root, which promises to involve a large number of previously unused deposits in the economic turnover. ... Thirdly, high prices make it profitable to develop even the poorest deposits, which allows individual producers, taking advantage of the good market conditions, to develop the least promising areas with positive profitability.

    https://www.forbes.ru/biznes/405885-ne-nuzhno-zolota-emu-zachem-centrobank-rossii-stimuliroval-eksport-dragocennogo

    That is, the sale of gold at today's high price makes it possible to extract even more of this valuable product.

    And not only this.

    The value of gold has risen sharply amid the pandemic and quarantine. Investors in such conditions prefer to divert capital into protective financial instruments. Gold is one such asset. Therefore, Russian companies decided to take advantage of favorable conditions. And sell gold at competitive prices. This is good for business, for the budget, and for the ruble exchange rate. The sale of gold for export was able to partially offset the losses from the fall in the cost of oil and gas. Nevertheless, there is no need to talk about the export of Russian wealth. Gold is the same raw material as oil, gas or other metals. If a good price is given for it, private business sells it either domestically or internationally. And in return he receives currency. And from this profit he pays taxes and salaries.

    https://www.amp.kp.ru/daily/27155/4253130/
  13. 123 Offline 123
    123 (123) 19 November 2020 06: 07
    0
    Russia has sharply increased the volume of export of gold abroad, trying to cover losses from a decrease in export earnings from the sale of oil and gas, which fell to a minimum over the past 16 years.

    There is nothing to add to what was written here.

    It seems that there is nothing to complain about formally, the facts are true, but an unprepared person has the general impression “as it should”. They say, no matter what they say “at the top,” in reality, things in the country are not going well, so that if the country has thrown gold to literally scatter. Vaughn, and the numbers confirm it.
    However, upon closer examination, the picture turns out to be somewhat different, if not at all the same.

    https://3mv.ru/158342-pochemu-rastet-jeksport-zolota-iz-rossii.html