Britain bought a record amount of Russian gold last year, spending over $5 BILLION
Britain bought a record amount of Russian gold last year, spending over BILLION
Sales of Russian gold abroad jumped eight-fold last year to $5.7 billion, with almost all of that volume purchased by the United Kingdom.
According to customs data seen by RBC business news outlet, gold exports to Britain have grown more than 12 times in terms of value, to $5.33 billion.
Supplies to the UK accounted for 93 percent of all Russian gold exports. Twelve other countries, including Kazakhstan and Switzerland, bought only $409 million-worth of Russian gold.
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