Ministry doesnТt mull limits on gold deals, outflow limit possible - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Ministry doesnТt mull limits on gold deals, outflow limit possible

MOSCOW, Nov 24 (PRIME) -- RussiaТs Finance Ministry does not discuss limiting or freezing of deals with gold, but it does not rule out limits on transportation of large quantities of precious metals abroad by individuals in the future, the authority said in a statement on Thursday.

УAny limits or freezing of sales and purchase deals are not under discussion for both individuals and legal entities. The Finance Ministry on the contrary wants to develop the precious metals market and to make gold a robust market investment product,Ф the ministry said.

УLimits can only be imposed in the future on the carriage of precious metals by individuals abroad in larger-than-allowed amounts,Ф the ministry said.

End

24.11.2022 12:56
 
 
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