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Market Impact: 0.25
Hong Kong becomes Russia's gold gateway to China as bullion flows shatter records
Source: kitco.com
Sanctions & Export ControlsCommodities & Raw MaterialsTrade Policy & Supply ChainEmerging Markets
Western sanctions have redirected Russian bullion flows that would normally go to London, with shipments entering Hong Kong at a record pace en route to mainland China and other Asian markets. The article gives no volume figures or gold-price impact.
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