OREANDA-NEWS  The Russian Ministry of Finance has advertised a new product from Rosvexel called the Gold Certificate, which allows the purchase of gold with protection against a decrease in its value. The relevant information is published on the agency's website.

The validity period of the certificate is from three months to one year. After the end of this period, its owner can either receive gold in physical form, or choose to pay in rubles on a promissory note underlying the certificate.

The bill itself fixes the value of the ingot at the time of the conclusion of the contract, that is, it protects the buyer from a decrease in the value of the metal for the duration of the certificate, but without taking into account inflation. At the same time, the customer can benefit up to five percent compared to the price of the bullion in the case of its purchase outside of the presented product.