A legal barrier is being introduced to gold exports in Russia!

Signal of Gold Export Ban from Russia

Russian Deputy Minister of Finance Aleksey Moiseyev made important statements at a press conference held in the capital, Moscow. Moiseyev indicated that preparations are underway to prohibit individuals from exporting more than 100 grams of gold bullion from Russia. It is anticipated that this new regulation will further control the growth in the country's gold sector.

Government Approval Process Has Begun

Moiseyev announced that an agreement has been reached with all relevant institutions, and this proposal has been submitted to the government. It is expected that the government will quickly review the proposal and forward it to the Presidential Administration for evaluation. This situation may open the door to a new era in Russia's gold trade.

Increase in the Gold Market Under Western Sanctions

As one of the world's largest gold producers, Russia has been witnessing an increasing interest in the precious metal due to the sanctions imposed by Western countries in recent times. Russia's gold reserves are expected to surpass 300 billion dollars for the first time in November 2025, while the share of gold in international reserves is also expected to rise to 42.3%.

Striking Increase at the Moscow Exchange

It is reported that the trading volume in the valuable metal market at the Moscow Exchange will triple in 2025 compared to the previous year, exceeding 3 trillion rubles (approximately 38 billion dollars). This situation once again highlights how significant the dynamics of Russia's gold market and international financial relations are.

Conclusion

The measures to be taken in Russia are expected to not only affect the domestic market but also to change the balances in global gold trade. How the market will shape up will depend on the steps taken in the coming days.