Key refining hub sanctions Russian gold ...News

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Key refining hub sanctions Russian gold
Switzerland is following last month’s ban by the EU Switzerland, a major global hub for gold refining, has imposed an embargo on the precious metal from Russia, following a similar ban by the EU last month. “The new measures primarily concern a ban on buying, importing or transporting gold and gold products from Russia. Services in connection with these goods are also prohibited,” reads a press release published on the website of The Federal Council of Switzerland on Wednesday. Switzerland, which is not a member of the European Union, imposed the restrictions “in line with the EU’s latest sanctions on gold and gol

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