Russia Adds 22.46 tons of gold in May (total: 703.10), IMF reduces by 15.25 tons (total: 2,951.58)

1 July 2010  Business Week

Business Week

The International Monetary Fund’s gold holdings fell by 15.25 metric tons (490,286 ounces) in May, according to figures from the Washington-based lender. Russia’s assets expanded by 22.46 tons.

Reserves of gold at the IMF were 2,951.58 tons at the end of May compared with 2,966.83 tons at the end of April, data on the IMF’s website show. Russia increased holdings to 703.1 tons in May, from 680.64 tons, and has added gold every month since at least February, the data show.

http://www.businessweek.com/news/2010-06-30/imf-s-gold-assets-shrank-in-april-as-russia-s-rose.html