ON
← Back to feed
Russia auction: After gold reserves, on the drum and diamonds
Croatia🏛️ PoliticsCenter4 hr. ago

Russia auction: After gold reserves, on the drum and diamonds

The article reports that Russia has sold a significant portion of its gold reserves to fund the state and war efforts in Ukraine, and now plans to auction large natural diamonds weighing at least 10.8 carats. The Ministry of Finance announced that these diamonds, sourced from the State Fund for Precious Metals and Gemstones (Gokhran), will be offered in separate lots during an open domestic auction starting in September. Interested buyers must pay a deposit of 200,000 rubles (approximately $2,580) and sign a deposit agreement to participate. United24media notes that this move suggests the Russian government is turning to state-owned assets to secure additional funding amid a budget deficit nearing 6 billion rubles ($76 billion) for the first half of the year.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Go to the primary sources (2)

The official sources this coverage is built on. Read them directly to bypass framing.

1 reports

tportal logotportalIndependentCenter4 hr. ago
Russia auction: After gold reserves, on the drum and diamonds

The article reports that Russia has sold a significant portion of its gold reserves to fund the state and war efforts in Ukraine, and now plans to auction large natural diamonds weighing at least 10.8 carats. The Ministry of Finance announced that these diamonds, sourced from the State Fund for Precious Metals and Gemstones (Gokhran), will be offered in separate lots during an open domestic auction starting in September. Interested buyers must pay a deposit of 200,000 rubles (approximately $2,580) and sign a deposit agreement to participate. United24media notes that this move suggests the Russian government is turning to state-owned assets to secure additional funding amid a budget deficit nearing 6 billion rubles ($76 billion) for the first half of the year.

Bias read (Center): The article presents factual information about Russia’s financial measures without overtly endorsing or criticizing the actions. It provides balanced reporting by citing both the Ministry of Finance announcement and United24media’s interpretation, though the latter leans slightly toward highlighting

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €5/month.

Become a Supporter

Related stories