A record in gold trade: China buys $961 million worth of gold from Russia

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According to the Moscow Times, China imported gold from Russia worth $961 million in November 2025, in the largest bilateral gold trade deal in history.

Key points:

This is the second consecutive month in which China's imports of Russian gold exceeded $900 million.

October 2025 import estimates were around $930 million.

From January to November 2025, China imported Russian gold worth $1.9 billion — nearly 9 times the same period last year ($223 million).

The purchasing power at the end of the year led to a significant increase in the volume of gold trade between the two countries.#USCryptoStakingTaxReview

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