66 Russia sets fixed gold price as it restarts official bullion purchases posted 2 years ago by aslan_is_0n_the_m0ve 2 years ago by aslan_is_0n_the_m0ve +66 / -0 10 comments share 10 comments share save hide report block hide replies
5,000 roubles ($52) per gram is the market value. That is what you can buy with it. Don't give me this: that is below market value of $68/g. What they are trying to do there is convert Rubles into Dollars.
It's not working.
People will now buy rubles in order to buy gold.
genius.
Now that last past I,understand.