MARKET STRUCTURE · REGULATORY · RUSSIA
Russia restricts refined gold exports
Change
A presidential decree bans export of refined gold bars weighing more than 100 grams effective May 1, 2026.
Why it matters
The decree prohibits export of refined gold bars over 100 grams for individuals, legal entities, and individual entrepreneurs, making bulk physical bullion exports unlawful. Exceptions allow exports only through designated international airport checkpoints with required government permits. This increases state-controlled export routes and makes uncontrolled cross-border gold outflows harder and permit-dependent.
Implications
- · Bulk private and commercial exports of refined gold bars are blocked unless routed through permitted airport checkpoints.
- · Exporters must obtain government permits to use designated international airports for allowed shipments of refined gold bars. "Effective
Who is affected
- · Russian gold exporters and traders
- · Private holders of refined gold
- · Customs and airport border authorities
What to watch
- · May 1, 2026 — ban on exporting refined gold bars over 100 grams takes effect
Source
Topics
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