Russian Gold Floods Hong Kong as Sanctions Shift Bullion Trade to Asia: Report (GLD:NYSEARCA)
16 Articles
16 Articles
Russian gold enters Hong Kong at a record rate. The phenomenon shows how Western sanctions hijacked the bars that were moving forward to London to China and other markets in Asia, writes CNBC.Hong...
Hong Kong Imports 112.7 Tonnes of Russian Gold
Hong Kong’s imports of Russian gold in the first seven months of 2026 exceeded its total for the whole of last year, highlighting the growing role of Asian markets in absorbing Russian bullion as Western sanctions restrict access to traditional trading centres.
Russian gold flows to Asia at a spectacular pace. Only in the first seven months of 2026, Hong Kong imported about 112.7 tons of gold of Russian origin, more than the 92.1 tons arrived throughout 2025. Prior to the war in Ukraine, in 2021, the quantity was only 3.3 tons. Western sanctions did not [...]
Gold shipments to Hong Kong from Russia almost tripled in physical terms after eight months of this year, and the value of these shipments ... 06.10.2026, PRIM
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
