Switzerland Buys GOLD From Russia! Is this Trouble For the US Dollar?

2 years ago
5

#russia #switzerland #gold #money
Russia is selling gold to Switzerland. As more countries and central banks continue to purchase gold, could this be a problem for the US dollar?

Russia exports gold to Switzerland for the first time since the war in Ukraine began as some buyers soften on self-sanctioning

https://www.msn.com/en-us/news/world/russia-exports-gold-to-switzerland-for-the-first-time-since-the-war-in-ukraine-began-as-some-buyers-soften-on-self-sanctioning/ar-AAYJWTp?ocid=uxbndlbing

Central bank holdings
https://www.gold.org/goldhub/data/gold-reserves-by-country

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https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-full-year-2021

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