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Subscriber OnlyMarketsGold Climbs as Russia Sanctions Fuel Fears Over Global EconomyBank of Russia, country’s lenders targeted in latest packageRussian central bank to resume domestic gold purchasesPhotographer: Chris Ratcliffe/BloombergByEddie Spence and Yvonne Yue Li+FollowFebruary 28, 2022, 9:25 AM UTCUpdated onFebruary 28, 2022, 9:49 PM UTCWant the lowdown on European markets? In your inbox before the open, every day. Sign up here.Gold advanced as sweeping sanctions on Russia for its invasion of Ukraine heightened fears of a hit to global economic growth.