According to Gold Telegraph, it is “likely” that Russia is buying money for its reserves, sending shock waves through precious metal markets. For the first time, a central bank is revealed to actively accumulate silver, marking an abrupt change in the global reserve strategy and a “monumental” moment for silver itself.
A new era if Russia is buying money
In its federal budget 2025–2027, Russia allocated $ 535 million to buy precious metals, with silver explicitly included together with gold, platinum and paladium.
This is the first time during the current bullish market of precious metals that any Central Bank has announced silver purchases for state reserves.
If Russia is buying silver, it could be helping to drive the precious metal to a maximum of 14 years, with the price that exceeds $ 42/OZ in September, an increase of almost 28% to date.
The movement is not just financial; It highlights Silver’s strategic importance in a world where supply deficits and industrial demand are increasing.
Other countries are buying gold
Silver’s career is happening along with a record of several years in gold purchases. Central banks worldwide are expected to buy 1,000 tons of metric gold in 2025, marking the fourth consecutive year at these levels.
Poland, Türkiye and China are key gold buyers, with Russia doubleing their own gold shipments to China. Throughout Europe and Asia, gold is being bought not only for financial stability but also as a strategic coverage against currency degradation and geopolitical risk.
Both gold and silver are establishing records. Gold reached a historical maximum of US $ 3,667/OZ on September 9, 2025, promoted by economic instability and the growing demand of the Central Bank.
Meanwhile, Silver is publishing new maximums in multiple currencies and regions, and maintains speed with consecutive weekly records. The golden-Silver relationship, once again than 100: 1, now reflects Silver’s growing force as Gold’s “sister of Gold” leaves the shadows.
A vote of non -trust in fiduciary coins
The purchase of the Central Bank drives scarcity and price. As these institutions move their reserves outside the dollar and towards metals, gold and silver serve as a vote of distrust in fiduciary currencies. It feeds inflation coverage narratives and exacerbates supply limitations that drive the highest prices.
For Bitcoin and Digital assets, it is a double -edged sword: the increase in gold and silver prices highlights the risks of inflation, makes hard assets attractive and promotes more capital in alternative value stores. But they also show that Bitcoin is now competing in a world where governments are covering tangible assets, not just digital.
If Russia is buying silver, he affirms that even “small” markets may feel huge pressure when central banks realize.
