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China stocks up on Russian gold

Imports of the precious metal surged over 60% last year

China stepped up imports of gold from Russia in 2022, data released by the country’s customs agency on Saturday showed.

Last year, China bought a total of 6.6 tons of Russian gold, worth a record $386.9 million, including shipments in both unprocessed (3.7 tons) and semi-processed form (2.9 tons).

In December alone, gold shipment