Russia bans export of refined gold bars over 100 grams
Change
Russia enacted a decree banning exports of refined gold bars heavier than 100 grams, effective May 1, 2026, applied to individuals, legal entities and individual entrepreneurs while allowing state‑authorized shipments through designated international airport checkpoints.
Why it matters
Routine cross‑border channels for moving large quantities of bullion are now closed to unregulated shipments, creating a legal barrier to bulk outbound transfers. Exporters and travellers must use narrow, state‑controlled export routes and secure official permits, adding procedural checkpoints to any attempt to move gold abroad.
Implications
- • Commercial bullion exporters must obtain state export permits and route shipments through designated international airport checkpoints or their consignments will be refused export.
- • Customs brokers and freight forwarders handling refined gold must update export documentation and booking plans to use the designated airport checkpoints or risk shipment denial at the border.
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