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Market
Which precious metal will have the highest price increase by December 31, 2024?
2
Resolution / Starting Odds
Silver • 25%
Gold • 25%
Platinum • 25%
Palladium • 25%
Market data from reputable financial sources like Bloomberg or Reuters
Story
Russia to Boost Silver Reserves in Major Strategy Shift Amid G7 Sanctions
Oct 6, 2024, 12:53 PM
Russia is set to boost its silver reserves as part of a major shift in its precious metals strategy. This move, reported by Jpost, will see silver added to Russia's state reserves alongside gold, platinum, and palladium. The decision is seen as a counter-reaction to G7 sanctions and is expected to impact global markets as central banks reconsider the value of silver. Observers note that this strategy could increase Russia's wealth and profits, particularly through the Russia National Wealth Fund.
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Less than 5% • 25%
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