Putin has abolished a full 20% tax on gold investments. Massive amounts of money will flow into the precious metals market.
https://www.*****.com/news/2019-08-22/Russia-s-President-Putin-Cancels-VAT-on-Gold-and-Other-Precious-Metals-Investments.html?utm_source=spotim&utm_medium=spotim_recirculation&spotim_referrer=recirculation