Biden to ban gold from Russia

Biden to ban gold from Russia

US President Joe Biden and G7 leaders will discuss a ban on gold imports from Russia, a source familiar with the situation said.

"US President Joe Biden and his G7 colleagues will agree to ban imports of new gold from Russia, as they expand sanctions against Moscow", Reuters writes.

According to the agency's interlocutor, on Tuesday the US Treasury will issue a decree banning the import of new gold into the US. This measure is aimed at further isolation of Russia from the world economy, preventing its participation in the gold market.

 

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