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By Rhod Mackenzie

Gold has become a new way of saving for  Russians. Last year saw the highest volume of purchases of gold bars, coins and jewellery in a decade. Russia was among the top five gold-loving countries. Why has demand for this type of investment soared, and what happened to the love of...

The situation with gold is paradoxical. While the price of gold in dollars is reaching unprecedented heights on the global market, the price in rubles is experiencing a decline in Russia. In Russia, the price of gold has decreased from 9,000 to less than 8,000 rubles per gram. What are the driving f...