Ever since the turn of millenium they have been accumulating gold and dedolaraizing. Nobody can say how much anymore, but it seems the sanctions have not affected them at all except help put another nail int he coffin for the US greenback. They, Russia, are definitely doing something right. Meanwhile in America, the banks are failing....
Discussion
Accoring to Mr. ChatGPT Russia would need 2500 tons of gold to back all Rubles in circulation and estimates put them at 2400 tons in reserve (they probably have more), so I'll give them a yes (although the assumptions to get there are all over the map)