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In this video I talk about the recent G7 ban on Russian gold and if this will affect the spot price of gold. The group of 7 or G-7 has said that they want to ban the import of new Russian gold. Will the spot price of gold go up from this? If the available supply of gold is going down and the demand for gold remains the same then this could push gold spot price higher. I talk about what I think will happen with the price of gold. The gold price today will likely not be affected. My gold price prediction or gold price forecast for the future is that gold will go up so this may add fuel to the fire for years to come. What are your thoughts on the Russian gold ban?
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