Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price - Foreign Affairs - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price (478 Views)
| Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by paafin(op): 9:28pm On Apr 07, 2022 |
Russia's central bank said on Thursday that due to a "significant change in market conditions" it would buy gold from commercial banks at a negotiated price from April 8. On March 25, the bank had said it would buy gold at a fixed price of 5,000 roubles a gram until June 30. read more Since that announcement, the rouble has strengthened sharply against the dollar. Five thousand roubles was worth around $52 on March 25 and around $63 on Thursday. Register now for FREE unlimited access to Reuters.com Gold prices on the international market have remained stable at around $60 a gram, or $1,900 an ounce. Russia is one of the world's biggest gold producers, but the country's refiners were barred from selling bullion into the London market, the world's largest, after the Kremlin sent troops into Ukraine in February. ($1 = 78.6830 roubles) |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by VictorUSA(m): 1:55am On Apr 08, 2022 |
We simply do not care. |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by OhMyG0d: 2:24am On Apr 08, 2022 |
VictorUSA:May I know who are the WE? |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by VictorUSA(m): 4:59am On Apr 08, 2022 |
OhMyG0d:The West and the pro-west.Hope this answers your question. |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by tamdun: 5:45am On Apr 08, 2022 |
VictorUSA:And u speak for them? |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by AJSfan: 5:48am On Apr 08, 2022 |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by RichMelanin: 6:32am On Apr 08, 2022 |
VictorUSA:What a clownfish ![]() China’s missile travels 40,000 kilometers in 5mins USA 4500 kilometers in 5min ![]() They would nuke you guys to reset ![]() |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by VictorUSA(m): 6:54am On Apr 08, 2022 |
tamdun:I stand firm for our position. |
| Re: Russia's Central Bank Says It Will Stop Buying Gold At A Fixed Price by VictorUSA(m): 7:01am On Apr 08, 2022 |
RichMelanin:No you forgot, Chinese missle travel 400, 000 miles in a second and U.S missile travel 4000000 mitres in 50 years. |
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