U.S. to join Group of 7 in ban of new Russian gold imports to hit Putin

A view of Krastsvetmet Precious Metals production facility in Krasnoyarsk, Russia on March 10. The Krasnoyarsk facility contributes to the country's economy as the only comprehensive facility that produces and processes gold and platinum group metals including, palladium, rhodium, iridium, ruthenium, and osmium. Krastsvetmet produces precious metals in the form of bars, granules, powders and chemical compounds, as well as jewelry and engineering products.