And recently it became known that the head of the Russian government, Mikhail Mishustin, signed an order according to which the NWF of Russia received official permission to diversify its investments with the help of the yellow precious metal. This should help mitigate the risks of lost investment.
"Now the National Welfare Fund of Russia will be able to place precious metals in the bank accounts of the Central Bank of the Russian Federation, in particular, we are talking about gold, which has proven itself as a defensive asset in times of crisis," the official statement says.