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Analysis-Russian gold removed from some Western funds after Ukraine By Reuters

by OTC Stockz
December 21, 2022
in Stock Market
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Analysis-Russian gold removed from some Western funds after Ukraine By Reuters
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LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars’ worth of gold of Russian origin has quietly changed hands in recent months in response to Moscow’s invasion of Ukraine.

Data from 11 Western investment funds show that Russian bullion worth a total of $2.2 billion at current prices was removed from their accounts between July and November.

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