UK buys Russian gold

RUSSIA / FSU POLITICS - In Brief 29 Feb 2020 by Alex Teddy
On February 28 RBC (a Russian business newspaper) reported that in 2019 93% of Russian gold sold went to the United Kingdom. The UK purchased USD 5.33 billion of Russian gold. That is an 11-fold increase on 2018. The British spent more on gold from Russia than oil and gas combined. Switzerland bought USD 409 million of Russian gold.

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