this post was submitted on 20 Nov 2025
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Ukraine

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Russia Starts Selling Off Its Gold Reserves to Fund the War Budget, Breaking a Long-Held Taboo (united24media.com)
submitted 5 days ago by supersquirrel@sopuli.xyz to c/ukraine@sopuli.xyz
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Buying one way tickets to hell for Russian soldiers by selling off Russia's gold and treasure... What will be left when all the humans and gold have been carelessly traded away by Putin to power the mindless Russian war machine?

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[–] vane@lemmy.world 5 points 4 days ago* (last edited 4 days ago)

I doubt that it means anything more than the gold is record high and it's profitable to sell it.
https://www.gold.org/goldhub/data/gold-production-by-country

Global mine production
tons

  1. China 380.2
  2. Russian Federation 330.0