US announces new sanctions on Russia's Duma, oligarchs and defense sector

According to a US official on Thursday, the US announced new sanctions on Russia's state Duma as an entity and its 328 members, reported Reuters. The US also announced new sanctions on Russian oligarchs Herman Gref, the head of Sberbank and Gennady Timchenko, as well as the 17 board members of the Russian financial institution Sovcombank. The 48 largest Russian state-owned defense enterprises that form a part of Russia's defense industrial base were all also sanctioned, the US official announced. 

US official: G7 and EU will announce a new initiative aimed at stopping Russia from evading sanctions

According to a US official, the G7 and EU will announce a new initiative aimed at stopping Russia from evading sanctions, reported Reuters. The G7 and
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Gold Price Forecast: XAU/USD downside looks protected near $1,900 – ANZ

In the view of strategists at ANZ Bank, tightening monetary policies could dampen investors’ appetite for gold. However, the yellow metal is unlikely
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