Bloomberg: EU Wants to Ban Russian Gold in New Sanctions Package
In the second quarter of 2022, the fall in base metal prices could be the worst since the 2008 global financial crisis.
The trade in Russian diamonds has slowed sharply since the end of May as there is a demand for polished diamonds from other sources.
Some analysts say that the ban on Russian gold imports will not carry any dramatic consequences.
Petropavlovsk, one of Russia's largest gold miners, will not be able to sell gold, according to its press release to RBC.
During the trading session, the price of the precious metal reached its lowest level since March 9.
It rose by 1.9 % and reached 1,935 US dollars per troy ounce.
The main reason for this effect was the shift in consumer demand to essential goods
Corresponding agreement with North Kaluga Mining Limited
A gold ring with eight 14-carat diamonds and an engraved Bryant surname was awarded to a basketball player for winning the 2012 London Olympics
Previously, general export licenses were issued only to banks that received the relevant Central Bank license
Gold prices hit $ 1,785 an ounce
It's about over $ 60 per gram of gold
Shares of Russian gold miners fall on emotions, but will continue to grow soon
Brexit helped boost exports of precious metals Russia