So Many Russians Are Buying Gold That Central Bank Halts Bank Purchases

Source: https://www.zerohedge.com/commodities/so-many-russians-are-buying-gold-central-bank-halts-bank-purchases
Published: Mar 16, 2022
Author: Tyler Durden
Post Date: 2022-03-16 01:36:56 by Horse
Views: 182

"Currently, households' demand for buying physical gold in bars has increased, driven, in particular, by the abolition of value-added tax on these operations..."


Poster Comment:

When the war is over, the Russian central, bank will have to buy more gold.

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#1: NeoconsNailed    To: Horse (#0)

My god, Russian banks sell gold??

NeoconsNailed posted on 2022-03-16 05:43:20   Reply   Private Reply