At the onset of the attempted invasion of Ukraine, Russia stopped reporting its central bank holdings. It has now resumed reporting.
CPM Group’s Jeffrey Christian discusses the last year of Russia foreign exchange and gold reserves levesl and fluctuations, comparing them to data received by other reporting countries and some of the reasons behind the peaks and dips in the holdings.
Jeff also discusses the past week in Gold and Silver, discusses the current banking crisis, and CPM’s view of the future short-term price movement.
Interested in Gold? CPM Group will be having its 2023 Gold Market Outlook Online Seminar and Yearbook Launch on March 28th.
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