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Home>GoldWire>Russia's VTB aims to supply up to 100 tonnes of gold to China per year

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Russia's VTB aims to supply up to 100 tonnes of gold to China per year

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Chris Powell

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Published : April 27th, 2016

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FOLLOW : China Gold Physical Gold Russia Russian

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Category : GoldWire


	MOSCOW -- VTB Bank, Russia's second-largest lender, aims to supply between 80 and 100 tonnes (2.57-3.22 million troy ounces) of gold to China per year, the bank said on Tuesday after it started the shipments. VTB said earlier Tuesday it had dispatched its first batch of gold to China, becoming the first Russian bank to start direct supplies of physical gold to the world's largest buyer and consumer of the precious metal. ... ... For the remainder of the report: http://www.reuters.com/article/russia-bank-vt...d-idUSL5N17T5IB

Data and Statistics for these countries : China | Russia | All

Gold and Silver Prices for these countries : China | Russia | All

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Chris Powell 13 abonnés

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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