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Russian Gold Rush Falters Amid Record Sales and Market Crash
The Russian financial market experienced a significant downturn in June 2025, as gold prices plummeted to their lowest level since November of the same year, while the central bank continued selling gold at an alarming rate.

© Russia Desk
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- Gold prices plummeted by 27% in June, hitting their lowest point since November 2025.
- Private citizens bought record amounts of gold, while Russia's central bank continued selling at a rapid rate.
- The state's actions have created confusion and uncertainty for Russian retail investors.
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