Archive · 23 Jan 2026
Russia Ships Over $50 Million in Gold to India
Russia sent over $50 million worth of gold to India in the first ten months of 2025.
This is a big deal because it's the most gold Russia has sent to India in five years.
India loves gold for jewelry, religious events, and saving money.
The first shipment was in August worth $23.4 million, and another in October worth $26.9 million.
India's demand for gold has been very high, increasing by 16.5% in 2025.
This trade helps both countries: India gets more gold, and Russia finds a good market for its gold.
It's part of a bigger friendship between the two countries in areas like energy and defense.
Russia exported over $50 million worth of gold to India between January and October 2025.
The shipments resumed in August 2025 with a $23.4 million shipment, followed by a $26.9 million shipment in October.
India's gold demand increased by 16.5% in the first ten months of 2025, reaching $50.7 billion.
The trade helps India diversify its gold supply sources and provides Russia with a stable market for its gold exports.
This trade is part of broader economic ties between India and Russia, which have expanded in areas like energy, commodities, and defense.
- Who
- Russia and India
- What
- Russia exported over $50 million worth of gold to India
- When
- Between January and October 2025
- Where
- From Russia to India
- Why
- To meet India's strong gold demand and diversify supply sources
- Value of Gold Exports
- Over $50 million
- Time Period
- January to October 2025
- First Shipment
- $23.4 million in August 2025
- Second Shipment
- $26.9 million in October 2025
- India's Gold Demand Increase
- 16.5% in first ten months of 2025
- India's Gold Demand Value
- $50.7 billion
