Russia Boosts Gold Production by 18 Percent in Half a Year

from RT

Russia has produced more than 185.1 tons of the precious yellow metal from January to July this year, according to recent data published by Russia’s Finance Ministry.

This is a 17.8 increase compared to the same period in 2018, when the volume of bullion production stood at nearly 157.2 tons, the ministry said in a statement.

Silver did not post the same gains, however, as the production of the metal saw a 6 percent drop over the reported period. Its year-on-year output fell from 585.3 tons in 2018 down to 549.9 tons in 2019.

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