Russia lines up new Gold Buying through its Sovereign Wealth Fund
By GCRU Gold News on Thursday, May 27 2021, 02:49 - Permalink
In a significant and strategic development for monetary metals, the Government of the Russian Federation has just introduced legislation which will allow Russia’s giant National Wealth Fund (NWF) to invest in gold and other precious metals. The NWF is Russia’s de facto sovereign wealth fund, and has assets of US$185 billion.