February 6, 2025
Tangible Assets

Russians Buy Record Amounts of Gold to Buffer Savings From Inflation

The World Gold Council said Russians bought 75.6 metric tons of gold last year, up by 6% from 2023. Gold is a safe-haven asset that’s often in demand amid high inflation and geopolitical tensions. The price of gold hit a record on Wednesday, jumping above $2,900 an ounce. Russian consumers are buying record amounts of

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