Demand for gold in Russia increased by 6.2% over the year

15:35; 05 February 2025 year

By the end of 2024, consumer demand for gold in Russia increased by 6.2%, to 75.6 tons. This is reported by TASS with reference to data from the World Gold Council.

Demand for bullion and investment coins among Russians increased by 9% to 34.4 tons, while demand for jewelry increased by 4% to 41.2 tons. In per capita terms, gold purchases in the country amounted to 0.52 grams per person.

According to the organization, in 2024, China, India and the United States became the largest consumers of gold (857 tons, 802.8 tons and 209.9 tons of gold, respectively).

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