Russian investors have begun purchasing gold bars more frequently as opposed to investment coins, RIA Novosti reports with a reference to Goznak’s press service.
The state-owned company noted that Russian investors are gradually showing increasing interest in gold bars. In 2023, the ratio of coin and bar purchases by weight was 69% to 31%, respectively. In 2024, it was 55% to 45%, and 43% to 57% in 2025.
"Investors, especially those focused on long-term investments, are increasingly choosing bars as their primary investment instrument," Goznak's press service reported. "We believe that the demand trend shift toward gold bars will continue for some time."
The company noted that sale prices of bullion are more dependent on the exchange prices of gold than coins, therefore having a smaller spread, and supporting demand.
Theodor Lisovoy, Managing Editor, Rough&Polished
