In Russia demand for gold contrary to a record rise in prices] remaine

In 2023 wealthy Russians continued to buy gold ingots. Despite significant increase in the prices, demand for precious metal remained high, the Vedomosti newspaper reports with reference to representatives of the Russian banks. The director of the department of the private capital of Promsvyazbank Eugenie Safonov reported that this year clients bought more than 7 tons of gold ingots that is 1,9 times more, than in 2022. The means placed on metal accounts, grew more than by 40%, from them 70% are the share of gold, and of silver – 25%. According to him, clients of VTB this year got about 23...