Russian banks run low on gold amid surging demand – Vedomosti

Oct 25th 2022 7:35am EDT

The abolition of purchase tax has sparked wide interest in the precious metal, experts say Banks in Russia are facing a shortage of gold bars after demand for the precious metal increased sharply, Vedomosti newspaper reported on Tuesday, citing experts. Executive Director of Precious Metals Operations at Uralsib Bank Andrey Vasiliev told the media outlet […]

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