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





