65FINANCE
⚡ Markets: This rerouting of gold flows supports physical gold demand outside of Western markets and illustrates the limits of sanctions. It reinforces the role of hubs like Hong Kong and Dubai in the non-dollar financial system.Gold
Since Western sanctions were imposed on Russian gold, Hong Kong has become a significant channel for its trade, according to a Financial Times report. This highlights the rerouting of commodity flows in response to geopolitical sanctions.
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