#LatestMarketInsights Russia Cashes In: $1.68 Billion Gold Sell-Off as Prices Skyrocket! 🚀
Russia’s central bank just made a massive move in the precious metals market! 🇷🇺 With gold prices hitting jaw-dropping all-time highs above $5,500 per ounce, the Central Bank of Russia (CBR) seized the moment to offload a significant portion of its reserves. 📉
According to the latest data, the CBR sold 300,000 ounces of gold in January—marking the first major dip in their holdings since last October. 🗓️ With January prices averaging around $4,700 but peaking at a staggering $5,600, this strategic sa