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Gulf nation snaps up Russian gold – Reuters ...News
The UAE has replaced the UK as the top destination for bullion from the sanctioned country The United Arab Emirates has become a key destination for Russian gold since Western governments closed their markets as part of Ukraine-related sanctions on Moscow, Reuters reports. According to the outlet, citing customs records, the Gulf state imported 75.7 tons of Russian gold worth $4.3 billion between February 24, 2022 and March 3, 2023. The figure represents an exponential rise from just 1.3 tons during 2021. China and Türkiye were the next biggest destinations, importing about 20 tons each during that period, data sh
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