UK, U.S., Japan and Canada to ban Russia gold imports

2022.06.26 10:11

FILE PHOTO: Newly casted ingots of 99.99 percent pure gold are stored after weighing at the Krastsvetmet non-ferrous metals plant, one of the world’s largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia November 2

LONDON (Reuters) – Britain, the United States, Japan and Canada will ban new imports of Russian gold as part of measures aimed at punishing Moscow for its invasion of Ukraine, the British government said on Sunday.

The ban is due to come into force shortly and will apply to newly mined or refined gold. It will not affect Russian-origin gold that has been previously exported from Russia, the British government added.

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