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Wikipedia

Gokhran

The Gokhran (Russian: Гохран) or Gokhran of Russia (Гохран России)[a] is a state institution under the Russian Ministry of Finance, responsible for the State Fund of Precious Metals and Precious Stones of the Russian Federation. It is responsible for the purchase, storage, sale, and use of precious metals, precious stones, jewellery, rocks, and minerals by the State Fund.

Gokhran
Agency overview
Formed3 February 1920; 104 years ago (1920-02-03)
Headquarters14, 1812 Goda Street, Dorogomilovo,
Moscow, Russia
55°44′34″N 37°31′13″E / 55.7429°N 37.5203°E / 55.7429; 37.5203
Agency executive
  • Andrey Yurin
Parent agencyMinistry of Finance
Websitewww.gokhran.ru

History edit

The Gokhran was created by the SNK decree of 3 February 1920. In the first post-revolutionary years, Gokhran collected the jewelry of the Romanovs, the Kremlin Armoury, the Russian Orthodox Church, as well as valuables confiscated from private collections.[1]

Since 1960, the Gokhran has been part of the USSR Ministry of Finance as the 3rd special department and later the 3rd chief directorate. In 1987 it was reformed into the USSR state storage of valuables. In 1991, it received the status of the committee for precious metals and stones under the Ministry of economy and finance of Russia, and was finally re-established as Gokhran by Government Resolution №1378 (21 November 1996).[2]

Diamond purchasing edit

During the 2009 financial crisis, the Russian government bought $1 billion in uncut diamonds from the Russian diamond miner Alrosa, in order to support the Russian diamond mining industry while avoiding saturation in the global diamond market and thus further depression of diamond prices.[3] The diamond mining industry is critical to the Yakutia economy.[3]

Other holdings edit

Russia's Diamond Fund is a part of Gokhran. Gokhran also holds the Order of Victory medals awarded to Konstantin Rokossovsky and Michał Rola-Żymierski.

References edit

  1. ^ "Гохран - самое "ценное" здание страны". 360° TV Podmoskovye. 2015-02-16.
  2. ^ "Gokhran's History" (in Russian).
  3. ^ a b Golubkova, Katya (21 August 2010). . Forbes. Archived from the original on August 26, 2009. Retrieved 1 October 2010.

Notes edit

  1. ^ Full name: State Administration under the Ministry of Finance for the Formation of the State Fund of Precious Metals and Precious Stones, storage, dispensing and use of precious metals and precious stones, Russian: Государственное учреждение по формированию Государственного фонда драгоценных металлов и драгоценных камней Российской Федерации, хранению, отпуску и использованию драгоценных металлов и драгоценных камней при Министерстве финансов Российской Федерации

gokhran, russian, Гохран, russia, Гохран, России, state, institution, under, russian, ministry, finance, responsible, state, fund, precious, metals, precious, stones, russian, federation, responsible, purchase, storage, sale, precious, metals, precious, stones. The Gokhran Russian Gohran or Gokhran of Russia Gohran Rossii a is a state institution under the Russian Ministry of Finance responsible for the State Fund of Precious Metals and Precious Stones of the Russian Federation It is responsible for the purchase storage sale and use of precious metals precious stones jewellery rocks and minerals by the State Fund GokhranAgency overviewFormed3 February 1920 104 years ago 1920 02 03 Headquarters14 1812 Goda Street Dorogomilovo Moscow Russia55 44 34 N 37 31 13 E 55 7429 N 37 5203 E 55 7429 37 5203Agency executiveAndrey YurinParent agencyMinistry of FinanceWebsitewww wbr gokhran wbr ru Contents 1 History 2 Diamond purchasing 3 Other holdings 4 References 4 1 NotesHistory editThe Gokhran was created by the SNK decree of 3 February 1920 In the first post revolutionary years Gokhran collected the jewelry of the Romanovs the Kremlin Armoury the Russian Orthodox Church as well as valuables confiscated from private collections 1 Since 1960 the Gokhran has been part of the USSR Ministry of Finance as the 3rd special department and later the 3rd chief directorate In 1987 it was reformed into the USSR state storage of valuables In 1991 it received the status of the committee for precious metals and stones under the Ministry of economy and finance of Russia and was finally re established as Gokhran by Government Resolution 1378 21 November 1996 2 Diamond purchasing editDuring the 2009 financial crisis the Russian government bought 1 billion in uncut diamonds from the Russian diamond miner Alrosa in order to support the Russian diamond mining industry while avoiding saturation in the global diamond market and thus further depression of diamond prices 3 The diamond mining industry is critical to the Yakutia economy 3 Other holdings editRussia s Diamond Fund is a part of Gokhran Gokhran also holds the Order of Victory medals awarded to Konstantin Rokossovsky and Michal Rola Zymierski References edit Gohran samoe cennoe zdanie strany 360 TV Podmoskovye 2015 02 16 Gokhran s History in Russian a b Golubkova Katya 21 August 2010 Putin vows 1 bln support for diamond miner Alrosa Forbes Archived from the original on August 26 2009 Retrieved 1 October 2010 Notes edit Full name State Administration under the Ministry of Finance for the Formation of the State Fund of Precious Metals and Precious Stones storage dispensing and use of precious metals and precious stones Russian Gosudarstvennoe uchrezhdenie po formirovaniyu Gosudarstvennogo fonda dragocennyh metallov i dragocennyh kamnej Rossijskoj Federacii hraneniyu otpusku i ispolzovaniyu dragocennyh metallov i dragocennyh kamnej pri Ministerstve finansov Rossijskoj Federacii Retrieved from https en wikipedia org w index php title Gokhran amp oldid 1138044019, wikipedia, wiki, book, books, library,

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