GOLD
Russia's VTB Capital, one of Russia's biggest gold traders, aims to more than double sales of the precious metal to China next year, its global commodities chief said, after import curbs forced it to cut its target for this year.
The investment banking unit of Russia's No.2 lender VTB, VTB Capital also trades grains, iron ore, oil and oil products and commodities head Atanas Djumaliev said it is looking at expanding to trade platinum group metals and non-ferrous metals such as zinc and cobalt, to help diversify VTB group's revenues away from banking.
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