InternationalInternational Economics

The gold pole of the world boycotted Russian gold


According to the report of the Fars International Economic Group, citing Rashatoudi, Switzerland, the global pole of gold refining, has sanctioned Russian gold.

The European Union also imposed similar sanctions against Russia last month.

The Swiss Federal Council announced today on its website: The new measures are primarily related to the ban on buying, importing or transporting gold and gold products from Russia. Services related to these goods are also prohibited

Switzerland, which is not a member of the European Union, has imposed this restriction in line with the latest European Union sanctions on Russian gold and gold products, the statement said.

The European Union approved the third round of sanctions against Moscow in July in response to Russian military operations in Ukraine.

Switzerland, in addition to gold restrictions, large assets the most The Bank of Russia blocked Sberbank.

In May, Switzerland bought 3 tons or 200 million dollars of gold from Russia, which was the first such purchase since February.

Swiss customs announced that these ingots were imported from England, but were of Russian origin. According to Bloomberg, this gold, AKhairin The bar is prepared in Russia.

This purchase represents 2% of Switzerland’s gold imports in May. This country is the main pole of gold refining that manages two-thirds of the world’s gold.

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