OREANDA-NEWS By the end of April 2026, the total cost of gold supplies from Russia to India has almost doubled compared to the same period in 2025. RIA Novosti reports on a sharp increase in exports of precious metals from the Russian Federation to the BRICS country, citing data from the statistical service of the Asian state.

During the reporting period, domestic exporters shipped a total of $5.6 million worth of gold to India. For comparison, in March the figure was at 3.1 million. Thus, in the second month of spring, shipments of precious metals jumped about 1.8 times in money.

Silver was also in high demand in India. In April, exports of this precious metal from Russia to the Asian country almost tripled year-on-year in monetary terms and reached 411 thousand dollars.

Global gold prices remain high despite the strengthening of the dollar. Against this background, a number of central banks began to actively increase the share of this precious metal in the structure of their reserves. The Russian regulator also adheres to a similar strategy. At the same time, the Central Bank of the Russian Federation is also one of the largest sellers of precious metals among global regulators. In early spring, the Bank of Russia was second only to the Central Bank of Turkey in this indicator.