The media reported a record increase in gold imports from Russia to China
China has increased gold imports from Russia to record levels over the past year. This was reported on January 24 by RIA Novosti with reference to Chinese customs data.
It is specified that the value of the imported precious metal amounted to $ 3.29 billion, which is 14.6 times higher than in 2024. In physical terms, the volume of supplies reached 25.3 tons. Both parameters have become the highest for the entire period of bilateral trade.
Thanks to increased purchases, Russia has risen from 11th to seventh place in the ranking of the largest gold suppliers to China by the end of 2025.
On January 20, Bloomberg reported an unexpected profit of the Russian Federation from the rise in gold prices, which amounted to $ 216 billion. According to the agency, the rise in gold prices has become one of the key factors contributing to strengthening Russia's financial position in the face of international sanctions.
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