Russia Ukraine War Gold Explainer

Russia Ukraine War Gold Explainer

FILE – A customer puts gold bars in basket for to sell at a gold shop in Bangkok, Thailand, April 16, 2020. Russia appears to have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, and the U.S. and its allies are taking aim at the former Soviet Union’s second-largest export industry after energy — gold. (AP Photo/Sakchai Lalit, File)