DevelopingDisasters · Hong Kong S.A.R., Hong Kong S.A.R.

Russian gold floods Hong Kong as Western sanctions redraw bullion trade

First reported 2026-10-05 23:00 UTC · Updated 2026-10-05 23:14 UTC · 2 independent sources

The surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.

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Who reported it

  1. 2026-10-05 23:00 UTCSCMP · scmp.com ↗
  2. 2026-10-05 23:14 UTCCNBC · cnbc.com ↗

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