While gold is considered a safe heaven, it is not currently a mainstream investment among Russians, whose money is more likely to go into other options, including cryptocurrencies.
Less than one-fifth of Russian investors, or just 16%, own gold and coins, but most are positive towards the idea of investing in the yellow metal, according to World Gold Council (WGC) research. The results of the study, which was conducted last year and is based on interviews with over 2,000 investors, were published earlier this week.
Topics:
Cryptocurrencies, Data & Reports, Fintech
