Russia Seeks New Markets for Its Gold as Sanctions Bite

April 8, 2022 14:22:34

The gold industry in Russia is looking for new ways to sell this metal, including by exporting more of the precious metal to the Middle East and China.This comes as sanctions restrict its traditional sales routes after the Eastern European country invaded Ukraine in February.

Russia, which is the second-largest gold miner in the world, is finding it hard to sell gold in the United States and…

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