Particularly, the dollar added 20% against the ruble in 2020, whereas the euro - around 32%. The coronavirus infection spread and the following ‘withdrawal’ of investors from risky assets was ...

Russians have been piling up gold — which investors often view as a safe-haven asset— as surging inflation and strict sanctions eat into the value of the ruble domestically and internationally.

Russia’s central bank has announced that it will cease buying foreign currency on the domestic market for the remainder of 2024 as the ruble hits a 20-month ... buyer of gold and has acquired ...

In 2024, gold showed the highest profitability in rubles among financial instruments. According to the results of last year, this precious metal increased in price by 44.6%. In January, the yield on ...