ELMAU CASTLE, Germany: Four G7 powers will ban Russian gold exports in a new bid to stop oligarchs from buying the precious metal to avoid the impact of sanctions against Moscow, Britain said on Sunday (Jun 26).
Four G7 powers will ban Russian gold exports in a new bid to stop oligarchs from buying the precious metal to avoid the impact of sanctions against Moscow, Britain said on Sunday .
Given London's central role in the international gold trade and parallel US, Japanese and Canadian action,"this measure will have global reach, shutting the commodity out of formal international markets", Britain said.
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