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IPMI and Industry News: Industry News

Pravda: Russia Buys Gold in Response to Sanctions

Wednesday, August 9, 2017  
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Russia buys tons of gold in response to Western sanctions

Russia continues buying large quantities of gold. In July, Russia's Central Bank purchased 9.1 tons of gold. According to Deputy Foreign Minister Sergei Ryabkov, because of new US sanctions, Russia is forced to start developing a system, within which the dollar will not be needed. - Pravda 08/09/2017

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