World

Russian Gold Trade Shifts to Hong Kong Amid Sanctions

Updated 2026-10-06 00:55 UTC 1 source Neutral

Russia's gold trade has shifted to Hong Kong due to Western sanctions following its invasion of Ukraine. This move redraws the global bullion market.

Coverage timeline — 1 article
CNBC
The surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.
2026-10-05 23:14 UTC
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