Russian Precious Metals Sales to China Hit $1 Billion
Chinese imports of Russian precious metal ores and concentrates, including gold and silver, jumped 80% to $1 billion from the same period a year earlier, according to data from Trade Data Monitor, which sources information from China's customs office. Bullion prices have climbed about 28% this year, boosted by heightened geopolitical risks and trade tensions, alongside buying by central banks and exchange-traded funds.
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