Commodity Trade Mantra

Posts Tagged ‘Monetary Crisis’

Russia Buys 900,000 Ounces Of Gold Worth $1.17 Billion In April

Russia may be planning to give the ruble some form of gold backing in order to protect the ruble from devaluations and protect Russia from an international monetary crisis. Global central banks demand is set to continue as macroeconomic, monetary and geopolitical uncertainty is unlikely to abate any time soon.

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