Fool’s gold: why it’s anchors aweigh for Russia’s bullion
Crippling sanctions will make it difficult for the country to shore up the rouble using the commodity
16 March 2022 - 20:11
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.