December 16, 2022, 06:54 – Public News Service – OSN

Soon factories that produce gold bars, will be able to independently sell their own products to Russians. According to Kommersant, this innovation will make it possible to compete with banks that are monopolists in this market.

It is noted that this law was adopted in the State Duma in the second and third readings. The authors of the law believe that as a result, the cost of buying and selling bullion will converge and gold will become more accessible to Russian citizens. However, banks are currently not afraid of competition.

“There are only 11 refineries in Russia, and a detailed study of the regulatory framework is required to allow them to organize retail sales taking into account all existing requirements for controlling the circulation of precious metals,” said Artem Sokolov, managing partner of the jewelry holding, whose words are quoted by the publication.

Earlier, as the Public News Service reported, analyst Alexander Dzhioev warned that in 2023 ruble will start to fall and the price of gold will depend on it.

Recall that in Russia in 2022, the demand for gold. Individuals were able to purchase more than 30 tons of ingots, and by the end of the year this figure may reach 40 tons. This was announced by Deputy Finance Minister Alexei Moiseev.