Russian Women Discussion

RWD Discussion Groups => In-Country Services and Agencies => Topic started by: Omega82 on October 05, 2021, 12:55:19 AM

Title: Buying gold in Russia
Post by: Omega82 on October 05, 2021, 12:55:19 AM

Has anyone here bought gold in Russia?  I mean for investment as in gold coins or bars, not jewelry. 

I read once somewhere online that it's better to buy gold overseas than domestically. 

Does anyone concur? 

I understand gold prices are the same worldwide.  I mean if there are other advantages. 

Any serious portfolio should be at least 10% in precious metals. 

Title: Re: Buying gold in Russia
Post by: ML on October 05, 2021, 06:25:04 AM

But surely you wouldn't dream of buying physical gold in Russia.

Pretty dumb to buy physical quantities of any precious metals.
Too much in the way of transactions costs, not to mention not knowing the true composition of the items . . . could be filled with lead.

There are mutual funds denominated in gold which one can buy if you want that item in your portfolio.

Title: Re: Buying gold in Russia
Post by: GQBlues on October 05, 2021, 09:30:59 AM

Better way to invest in gold is to purchase share in gold miners, etc...when the metal goes up in value, so do the profit on those companies. Same thing with silver. YMMV.