Russian gold floods Hong Kong as Western sanctions redraw bullion trade

Source: cnbc October 5, 2026 · 16:14
Russian gold floods Hong Kong as Western sanctions redraw bullion trade
Photo by Zlaťáky.cz · Pexels
From the publisher
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.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

Wikipedia
Wikidata Q1023912
Wikidata ↗
Capital
Kiev
Region
Europe & Central Asia
Income level
Upper middle income
ISO code
UKR
Data: World Bank

The original article opens on the publisher's website.

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