PRECIOUS METALS

Warning shot for gold as Russia's central bank stops buying

Russia’s love affair with gold is going cold and that might not be a good sign for gold miners or for investors in the precious metal if it is the start of a trip down memory lane.

Tim Treadgold
Russia's central bank has stopped buying domestically produced gold

Russia's central bank has stopped buying domestically produced gold

While not widely reported, and certainly not well understood, a significant policy switch appears to have been made by the Russia central bank, which quietly announced this week that it would stop buying...

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