By Davit Shatakishvili for GFSIS On July 21, the European Union states approved a seventh package of sanctions against Russia ...

Switzerland refines as much as 70 per cent of the world's total gold output and its watchmaking industry is a significant ...

Switzerland, the one of the world’s leading sources of gold refinement, has installed a ban on gold imports from Russia.

The G7 countries, which bring together some of the world’s major powers, demanded Wednesday that Russian forces withdraw ...

Switzerland, a major gold-refining hub, has followed the EU in banning Russian gold as part of new sanctions due to the war ...

While the EU remains vocal about its desire to punish Russia for its invasion of Ukraine, it has been forced to ease sanctions on Russia ...

European Commission President Ursula von der Leyen said that the sanctions send "a strong signal to Moscow: we will keep the ...

Given current stock market volatility, investors may be looking at alternative asset classes to diversify their portfolio.

The foreign ministers of the Group of Seven (G7) nations on Wednesday called on Russia to immediately hand back full control of the Zaporizhzhia nuclear power plant to Ukraine. "The Russian Federation ...

The impact of the measure may be limited as Russian imports amount around one percent of the gold entering Switzerland.

The European Commission is set to adopt on Friday its seventh package of sanctions against Russia, which will add a ban to the import of Russian gold and tweak existing restrictive measures to avoid ...

Switzerland, a key refiner and manufacturer of gold bars, is banning imports of the precious metal from Russia, the government said Wednesday.