A report from the Russian news agency Interfax last week reveals Russia's plans to substantially increase its precious metals reserves in the coming years. The report states that Russia's State Fund plans to acquire gold, silver, platinum, palladium, and gemstones. Russia's decision to add silver to its reserves distinguishes it from most other central banks, which have largely focused on accumulating gold while overlooking silver. Along with several other bullish factors, Russia's silver purchases could be a key driver in pushing prices to $50 and beyond.
https://www.zerohedge.com/precious-metals/will-russian-buying-drive-silver-beyond-50
A report from the Russian news agency Interfax last week reveals Russia's plans to substantially increase its precious metals reserves in the coming years. The report states that Russia's State Fund plans to acquire gold, silver, platinum, palladium, and gemstones. Russia's decision to add silver to its reserves distinguishes it from most other central banks, which have largely focused on accumulating gold while overlooking silver. Along with several other bullish factors, Russia's silver purchases could be a key driver in pushing prices to $50 and beyond. https://www.zerohedge.com/precious-metals/will-russian-buying-drive-silver-beyond-50
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Will Russian Buying Drive Silver Beyond $50
Russia's recent move to add silver to its state reserves signals a potential turning point for the white metal, setting it apart from other central banks that have primarily focused on gold.
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