Russian gold shipments to Hong Kong reach record high

Almost 100 tonnes of gold were imported from Russia into Hong Kong between January and July 2026, in what the Financial Times reported was a record level of shipments.

The increase follows western sanctions affecting the trade in Russian gold, although the supplied material does not identify the specific measures involved.

The figures do not name the importers or provide the value of the shipments. Nor do they establish that the gold breached sanctions or indicate where it was ultimately destined.

The reported flows highlight the movement of Russian gold through Hong Kong after western sanctions, but the available information does not provide detailed monthly figures or a breakdown of the trade.