Post #150756

Russian gold shipments to the UAE, China and Turkey The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show. The records, which contain details of nearly a thousand gold shipments between Feb. 24, 2022 and March 3 this year, reveal the names of over 100 non-Russian companies that have handled Russian gold since Western markets banned imports from Moscow. The shipments in the records, supplied to Reuters by a commercial provider, may not cover all exports in the period. In many cases, the records show only shippers or traders involved in the transaction, not the end buyer, which could be a refiner, jeweller or investor. read more