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Russia seen tapping gold reserves to fight sanctions

It's getting closer to other BRICS nations to be independent of America, Europe

RUSSIA has built up substantial gold reserves which can be used to counter sanctions. In the past 10 years, gold reserves of the Bank of Russia, the central bank, have risen to 1,095 tonnes from 386 tonnes, according to the World Gold Council.

This year alone, the central bank has bought...

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