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Is gold cheap in Russia?
Gold is very cheap in this country.

1, low gold content: Russia's gold content is only 58.5%, also called 14K gold, which is known as Russian purple gold, while domestic gold is 999 pure gold, which has a relatively high gold content, so it is much cheaper than domestic 999 pure gold in price.

2. Gold purity is different: Russian gold purity is not high, while domestic gold purity is high, so the price will be different.

3. Market supply and demand: the market demand for gold will affect the price of gold. If there is a large demand for gold, the price will rise, and if there is a large supply of gold, the price will fall.