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Analysts: Gold Transactions Fuel Russian Shadow Trading Payments

Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sides...

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Analysts: Gold Transactions Fuel Russian Shadow Trading Payments
Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current trade difficulties originated by economic sanctions. “While it’s unclear how much of a role gold plays in Russia’s […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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