this post was submitted on 07 Apr 2022
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though it's possible that this is simply efforts by the central bank to delay the inevitable crash in value ๐ค
Is putting savings into something like gold a realistic option for average Russians with savings?
not really i'm afraid, mainly because the average russian has literally no savings, and among the ones that do the average amount of savings will buy you like 20-30 grams of gold, which isn't an amount you can buy iiuc, plus there are issues with storage, and liquidity
ppl who have enough savings to buy into gold just keep their money in usd or some other foreign currency ๐คทโโ๏ธ
this article is worth a read https://lemmy.ml/post/221937
forgot to mention, there's a 20% value added tax on buying gold, making this option even less attractive