MOSCOW, December 25. /TASS/. Russia’s gold production rose by 5.2% in January-November 2024 year-on-year, the Federal State Statistics Service (Rosstat) reported. In November 2024, gold production ...

Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive ...

Gold looks set to post its strongest yearly performance in 45 years after marking multiple record highs throughout 2024, with central-bank demand among the metal’s biggest drivers. Policy ...

MOSCOW, Dec 12 (Reuters) - Russia will definitely respond to Ukraine's latest use of U.S.-made ATACMS missiles to strike Russian territory, the Kremlin said on Thursday. Russia said on Wednesday ...

Since gold doesn't yield interest, it struggles to compete against interest-bearing assets when rates are high. This dynamic shifts as borrowing costs fall. "In our base case, we see a 7% boost ...

MOSCOW - Russia's largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in Siberia had nearly doubled to $6-billion due to Western sanctions.

The United Kingdom on Dec. 9 announced new sanctions targeting the illicit gold trade, which it said helps finance Russia's full-scale invasion of Ukraine. "Russia uses the illicit gold trade to ...

Gold could extend its record run into 2025 as further interest rate cuts from major central banks and the prospect of a weaker dollar will boost demand for the safe-haven asset, Heraeus Precious ...

The United Kingdom has announced a new wave of sanctions aimed at what it says is illegal gold trading that is financing Russia's military actions in Ukraine. Details: UK authorities have frozen the ...

The United Kingdom has announced a new wave of sanctions aimed at what it says is illegal gold trading that is financing Russia's military ... to avoid sanctions. On 7 November, the UK announced ...

Gold has become a significant strategic resource for the Russian government since the invasion of Ukraine. According to the latest RAND Europe research, Russia has been using gold as a means to ...