Russians are buying huge amounts of gold with the ruble under pressure from high inflation and sanctions
Russian consumers purchased 75.6 tons of the precious metal, representing a 6% jump from 2023 and a 62% increase from 2021.
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Russia's ruble drops to more than a 2-year low against the dollar on fresh sanctions and surging tensions
Russia's currency has dropped to its lowest level in more than two years against the dollar in the wake of new sanctions and soaring geopolitical tensions. Russia's ruble continued to weaken ...