European country stockpiles Russian gold – Bloomberg ...News

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European country stockpiles Russian gold – Bloomberg
Swiss purchases have jumped to their highest level since 2020 despite sanctions Switzerland ramped up purchases of Russian gold last month to the highest amount in more than two years, Bloomberg reported on Tuesday. A major global refining hub, the country imported about 5.7 tons of the metal, worth $324 million, in August, the most since April 2020, Bloomberg reports, citing data from the Swiss Federal Customs Administration. The shipment of Russian bullion arrived from the UK, it quoted customs administration as saying, explaining that Swiss customs data shows the last place the gold was refined, rather than whe

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