Gold is one of the hardest currencies in the world. It is in this precious metal that it is customary to calculate the amount of money that the state has. After all, gold almost never drops in price and is always in demand. One of the questions that the Russians are asked is: where is the country's gold reserves stored and what is its volume.
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Keeping money in the form of gold is both profitable and practical. This is due to the fact that they do not take up much space and are clearly distinguishable. So, for example, knowing the weight of one ingot and its cost, you can quickly count the reserves without resorting to the tedious sorting of pieces of paper.
Another plus of storing gold bullion stocks is that nothing will happen to this metal. For example, paper may deteriorate, fade, burn, etc. Gold is not subject to corrosion.
Where is the gold reserve of Russia
Gold reserves of Russia are stored in the Central Bank of Russia. It contains about 2/3 of the total accumulation.
The country's gold reserve is located in an area of 17, 000 sq.m., of which 1, 500 sq.m. directly storage area.
Gold reserves are regularly inspected, their size is specified to the nearest gram. So, for example, in February 2013, 970.32 tons of gold was in storage, and in June already 1013.8 tons. At the same time, this is only 10% of the country's total foreign exchange reserves.
The country's gold reserves are not stored in whole lumps, but in neat gold bars. On average, each of them is a volume trapezoid weighing 10-14 kg.
How to protect the gold reserve of Russia
Naturally, the State Guard is the most protected facility in the country. Here, according to its directors, only the most modern and powerful security systems are used.
In addition, additional protection is given by the fact that the employees of the State Guard are responsible for the integrity and safety of the gold reserve, so if something goes missing, they will have to restore what they have lost.
In addition to returning debts in the event of a shortage of storage, employees face criminal penalties.
Gold today is the single currency of all states. It also provides a common guideline for both central banks and the market. Moreover, an amazing paradox is associated with it: during crises, when everything becomes cheaper, gold, on the contrary, rises in price.