spooking

Economy

Anti-Russian sanctions spooking countries into repatriating gold reserves – Reuters

An increasing number of countries are bringing home their bullion reserves in the wake of unprecedented sanctions imposed by the West on Russia, Reuters reported on Monday, citing an Invesco survey of central bank and sovereign wealth funds. According to the report, widespread losses for sovereign money managers resulting from last year’s financial market rout made them “fundamentally” rethink their…