Russian gold floods Hong Kong as Western sanctions redraw bullion trade

The surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.

# Russian gold floods Hong Kong as Western sanctions redraw bullion trade The surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets. **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/06/russia-gold-hong-kong-china-western-sanctions.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*