20.11.2008 - Russia's Sberbank sees precious metals sales surge
From Reuters: State-controlled Russian banking major Sberbank said on Wednesday sales of precious metals have surged this year as its clients seek safe investments in the face of turbulent financial markets. Sberbank, Russia's largest lender, said its clients had bought around 6 tonnes of silver ingots in the first 10 months of the year -- three times as much as during the whole of 2007. Gold purchases for the period totalled 10 tonnes, or 1-1/2 times as much as during the whole of last year..... Full Article: Source
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