Switzerland imported 28.5 tonnes of gold worth 1.57 billion francs ($1.7 billion) from Russia in 2022, Swiss customs authorities said. This is a 1.6-fold increase from 2021, though far from a historical record and in line with average shipments in 2015-2017. Statistics show that in March and April 2022, gold imports from Russia to Switzerland completely stopped, but resumed in May and steadily continued through the end of the year. Earlier, Chinese customs authorities reported that imports of gold from Russia to China amounted to 6.7 tonnes worth $387 million in 2022. This is also a 1.6-1.7-fold increase over 2021. ... (full story)