18 Hrs
Source:
الاقتصادية
Russian gold moves via Hong Kong
Reports indicate that Russia transported around 100 tons of gold through Hong Kong during the first seven months of 2026, despite the Western sanctions imposed on it. This shift reflects Moscow's continued use of alternative channels to export gold and confirms that Hong Kong has become a major hub for redirecting Russian gold to international markets. However, there has been little significant impact on gold prices, which hover around $4,400 per ounce, as the market monitors the potential increase in gold flows across Asia and their effect on the global supply and demand balance. These developments underscore the importance of tracking the volume of such flows and alternative export resources, especially if Moscow persists in diversifying its trade routes despite the sanctions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)