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  N e w s

MARCH 12  


The interest in bank gold is rising

The volumes of golden coins sale in Russia have multiplied recently. Experts explain this phenomenon by gold price increase and political situation instability.

The Bank of Russia issues two kinds of golden coins: memorial coins and coins for investment. The latter are sold at banks and they are free of VAT, the purchaser pays for metal only plus a little premium to the bank.

The price of memorial coins is stably growing, as a rule, so it is profitable to buy the coins of this kind, even in spite of the fact that they are liable to VAT. However, one should be experienced in this field in order to avoid illiquid purchase.


Source: Finansovye izvestiya
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