CNBC: China's Russian Gold Imports Leap

LONDON, 5 October 2026 − BullionVault analysis of Hong Kong customs data today leads a report from US financial news and broadcasting giant CNBC on how China is making heavy imports of gold from Russia.

Sanctioned and therefore blocked from most Western markets because of the Kremlim's war on Ukraine, Russia is the world's 3rd largest gold mining nation.

"The surge [in exports to Hong Kong] underscores how Russia's gold trade has been rerouted since its invasion [began] in 2022," says the report.

Read BullionVault's comments in the full story, widely syndicated and re-reported across the world, here at CNBC:

Russian gold floods Hong Kong as Western sanctions redraw bullion trade