Russian Gold Faces Import Ban By The U.S. And G7 Nations
Russian gold will have its way into the U.S. and G7 markets blocked after the Office of Foreign Assets Control (OFAC) of the Department of the Treasury banned imports of all gold coming from the Eurasian giant. The move has already been implemented by the U.K, Canada, and Japan. Russian Gold BanPrior to this new ban, certain gold-related transactions involving the Russian Federation were already punishable, and OFAC has warned Americans to be vigilant for attempts to circumvent regulations through gold-related transactions. Q1 2022 hedge fund letters, conferences and more Simultaneously, the T...