Russian Gold Pours Into Hong Kong as Western Sanctions Reshape Global Bullion Trade
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Russia has created a new "golden corridor" to the East after the exclusion of its precious metal from Western markets, with Hong Kong emerging as one of the most important hubs for Russian exports.
Russia has created a new “golden corridor” to the East after the exclusion of its precious metal from Western markets, with Hong Kong emerging as a… FT: 100 tons of Russian gold ended up in Hong Kong – The new “golden corridor” between Moscow and China - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
Hong Kong Quietly Became the World's Top Buyer of Sanctioned Russian Gold
Hong Kong imported 92.1 tonnes of Russian gold in 2025, a 42% jump worth roughly $10.5 billion, after the trade fled Dubai's tightening rules. US sanctions on individual firms have done little to slow the flow into a free port that places no restrictions on Russian-origin bullion.
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Hong Kong imported 92.1 tonnes of Russian gold worth $10.5 billion in 2025, surpassing Dubai as the top destination amid Western sanctions on
Economy: According to Financial Times, during the first seven months of 2026, Hong Kong imported almost 100 tons of gold from Russia – almost three times more than during the same period last year.
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