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Gold Rush: How Russia is using gold in wartime
- Format:
- Book
- Author/Creator:
- Kennedy, John
- Language:
- English
- Other Title:
- Gold Rush
- Place of Publication:
- RAND Corporation 2024
- Summary:
- This report examines how Russia has been using gold since its invasion of Ukraine in 2022. It begins with an outline of Russia's pre-war gold policy and describes how it has changed since the start of the war. It provides a discussion of how the gold sector is financed, with attention on the role of Russia's banks and how its gold companies have responded to Western pressure and sanctions. It describes how Russia's gold producers are faring, both in terms of their wartime productivity and access to mining equipment. Additionally, it offers detail on how Russia is seeking to generate revenues from gold and develop its international gold trade. The report concludes with recommending avenues for further investigation.
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