SG Talk

Full Version: Russia still buying gold
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Gold is reaching its peak. Still going up and up


When will it reach its very peak?


No one knows
Quote:      28 February 2022, 3:01 AM SGTUpdated on28 February 2022, 10:51 AM SGT

WORLD GOLD COUNCIL
Private Company
The Bank of Russia said it will start purchasing gold again, just under two years after it ended a long-running buying spree that helped prop up bullion prices last decade.

The central bank will begin buying gold again on the domestic precious metals market, it said in a statement. The move comes after the monetary authority and several of the country’s commercial banks were sanctioned in response to Russia’s invasion of Ukraine. 
Liquid gold i.e oil also went up to record high
Russia for First Time Holds More Gold Than U.S. Dollars in $583 Billion Reserves Natasha Doff & Anna Andrianova 03:35 PM IST, 12 Jan 2021 11:44 AM IST, 13 Jan 2021 03:35 PM IST, 12 Jan 2021 11:44 AM IST, 13 Jan 2021



Save Russia for First Time Holds More Gold Than U.S. Dollars in $583 Billion Reserves (Bloomberg) -- A multi-year drive to reduce exposure to U.S. assets has pushed the share of go

Read more at: https://www.bloombergquint.com/global-ec...an-dollars
Copyright © BloombergQuint