Soviet gold bars

Soviet gold bars

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Credit: SPUTNIK/SCIENCE PHOTO LIBRARY

Caption: Soviet gold bars, stamped with their weight and the hammer-and-sickle symbol of the Soviet Union. The stamp of CCCP is the abbreviation for the Cyrillic form of USSR. The bars here range from 1 kilogram (left) down to 10 grams (right). As of January 2011, a kilogram of gold is worth around 26,000 British pounds, 43,000 US dollars, and 1.26 million Russian roubles. These gold bars are from the collection of the Russian State Precious Metals and Gemstones Collection Fund, part of the Russian Finance Ministry. Russia's gold reserve is estimated to be worth hundreds of billions of US dollars. Photographed in Moscow, in March 2010.

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