By Walter Grand in Economy —

Individuals may be allowed to buy bullion without VAT directly from refineries - Frank Media

Individuals may be allowed to buy bullion without VAT directly from refineries - Frank Media
Photo by Jingming Pan / Unsplash

The measure was proposed by deputy Vladislav Reznik. Earlier it was put forward by the Ministry of Industry and Trade.

The increase in participants of the physical gold market will lead to increased liquidity of the metal and narrow the spread of purchase and sale prices.