Fool’s gold: why it’s anchors aweigh for Russia’s bullion

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Fool’s gold: why it’s anchors aweigh for Russia’s bullion
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Crippling sanctions will make it difficult for the country to shore up the rouble using the commodity

Russia spent years building a giant stash of gold, an asset central banks can turn to during a crisis.

But any attempt to sell it will now be a challenge, just when it’s needed most...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

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