European Union leaders aim to maintain pressure on Russia, | The Paradigm Shift Channel ⏳

European Union leaders aim to maintain pressure on Russia, with gold among assets that may be targeted in a possible next round of sanctions.

UN said that governments should improve and publish their gold trade data, to help eliminate smuggling and violence around mines, and the trading of unethical gold extracted from areas of armed conflict.

Switzerland imported gold from Russia for the first time since February, showing the industry’s stance toward the nation’s precious metals may be softening. Most refiners swore off accepting new gold from Russia after the London Bullion Market Association removed the country’s own fabricators from its accredited list. While that was viewed as a de facto ban on fresh Russian gold from the London market, one of the world’s biggest, the rules don’t prohibit Russian metal from being processed by other refiners .