Russian gold production soars ...News

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Russian gold production soars
Western sanctions have led to increased demand for safe-haven assets in the country Russian gold miners boosted output by 26.5% year-on-year in March, according to the latest data from the Federal State Statistics Service (Rosstat).  Compared to February, gold production jumped by more than 30%. The first quarter figure was 9.1% higher than in the same period of last year. Meanwhile, the production of the key metals silver, platinum, and palladium in Russia rose by 14.1% in March in annual terms, Rosstat data showed. The country’s bullion stockpile has also continued to grow over the past year, according to the Ba

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