Russia and the US have been in conflict for several years. Each opponent tries to deliver a harsh blow to the economy of its rival. The US usually imposes sanctions and threatens to introduce the new ones. Russia has long stayed aside, remaining the losing side. However, the situation has recently changed drastically.
Reportedly, Moscow has decided to transfer its gold reserves from the US. Like many other countries, Russia kept the bulk of its gold reserves in the United States. However, taking into account the current relations with the US, Russia wants its gold back, depriving Washington of its main leverage not only in the economy but also in politics, especially given the volume of these reserves. Just over the past two years, Russia has significantly increased its gold reserves from 1,901 tons to 2,300 tons. Russia has become the world's fifth-largest official sector holder of gold. The US is currently the number one stockpiler of gold in the world with a gold reserve amounting to 8,134 tons.
