Another increase in the volume of Russia reserves of gold and hard currency in 2 month

Gold price technical analysis 30 - May, 2013

Russian Central Bank announced that the size of Russia’s reserves of gold and foreign currency rose to 510 billion dollars by the tenth of August.
The bank said in a statement today that the country’s reserves of gold and foreign currencies increased by $ 2.6 billion during the period from 3 to 10 August.

Russia had achieved the highest level at this level on the eighth of August 2008, before the outbreak of the global financial crisis, when he reached its reserves of gold and hard currency to 598 billion dollars.

followed by another rush to buy gold starts from the the beginning of September to increase the reserves of gold to increase the value of the ruble (Russian currency)