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Abstract：The resumption of buying would help ensure sustainable supply and the uninterrupted functioning of gold producers.
The Russian central bank will restart buying gold from banks and will pay a fixed price of 5,000 roubles ($52) per gramme between March 28 and June 30, the bank said on Friday.
The central bank, which suspended gold purchases from banks in mid-March to meet increased demand for the precious metal from households, said the resumption of buying would help ensure sustainable supply and the uninterrupted functioning of gold producers.
($1 = 96.25 roubles)
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WikiFX has launched the “Inside the Elite” Interview Series, featuring outstanding members of the newly formed Elite Committee. During the committee’s first offline gathering in Dubai, we conducted exclusive interviews and gained deeper insights into regional market dynamics and industry developments. Through this series, WikiFX aims to highlight the voices of professionals who are shaping the future of forex trading — from education and compliance to risk control, technology, and trader empowerment.
As WikiEXPO Dubai concludes successfully, we had the pleasure of interviewing Robert Hahm, the Founder and CEO of Algorada. Robert Hahm is a seasoned financial executive who has successfully transitioned from managing traditional assets to founding a cutting-edge fintech platform. As the Founder and CEO of Algorada, he leverages decades of experience in portfolio management to bridge the gap between financial domain knowledge and the power of AI.
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