Russia Sold 300,000 Ounces of Gold as Prices Hit Record

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Why This Matters

Russia's central bank sold 300,000 ounces of gold from its reserves in January, capitalizing on record-high prices. This move may indicate a shift in Russia's monetary policy or a desire to diversify its reserves. The sale's impact on global gold prices remains to be seen.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Russia’s central bank sold gold from its reserves in January, taking advantage of prices that had climbed to record highs.

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Original article published by Bloomberg on February 20, 2026.
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