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Thursday, November 5, 2020

Russia’s Second-Largest Bank Betting on Gold

Russia’s second-largest bank is betting on gold to boost profits in the midst of the COVID-19 pandemic and global economic slowdown. According to a Bloomberg report, VTB Bank has prioritized gold trading in addition to lending to gold mining companies. VTB Bank First Deputy Chairman Yuri Soloviev said precious metals mining – gold, along with […]

from SchiffGold https://ift.tt/36baSmZ