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Panthera Resources Plc

Russia’s Spring Gold Update: Central Bank Buys Another 550,000 Ounces

Russia’s love affair with gold continues as the country’s central bank bought another 15.55 tonnes of gold in April.

The newly acquired gold brought Russia’s total reserves up by 0.72% to 2,183.46 tonnes, Russia’s central bank said in the latest press release.

Russia’s interest in gold has been on a steady increase with the central bank buying a total of 71.53 tonnes of gold during the first four months of the year.

Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.