Imports of the precious metal surged in late 2025 amid Beijing’s de-dollarization efforts, customs data shows
China bought a record amount of gold from Russia in November, with shipments rising to almost $1 billion, RIA Novosti reports, citing Chinese customs data.
Russia’s gold sales to China were valued at $961 million in November, following October’s total of $930 million, the outlet said on Saturday, as Moscow steps up efforts to reroute precious-metal exports away from Western markets due to the sweeping sanctions against Russia, and as China emerges as a key destination.
In October and November last year, Russia did not ship any gold to…
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