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Russia to buy 200 tons of gold in 2016

Wednesday, October 5, 2016 23:06
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Russia plans to stock up on about 200 tons of gold this year, nearly matching the 208 tons it purchased in 2015. That’s according to Anton Navoi, the deputy head of the statistics department at the Russian Central Bank. Navoi explained that it’s profitable for the state to buy the precious metal, since Russia is …

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