- Russia now holds just over 1,890 tonnes, more than officially reported by China at 1,842t
- Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets
- Turkey has removed all gold held in the U.S. opting for Bank of England and BIS
- Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in the United States
- Central bank decisions regarding gold reserves are examples of countries becoming nervous about the outlook for the dollar under the Trump administration
Russia bought another 300,000 troy ounces of gold in March bringing Russia's total gold reserves to 1,891 tonnes or 60.8 million troy ounces as of the start of April, the central bank announced loudly at the weekend.
READ MORE: https://www.zerohedge.com/news/2018-04-24/russia-buys-300000-ounces-gold-march-nears-2000-tons-reserves