Business programme

Investments in Precious Metals: The Retail Market and “Digital Gold”

15 Jun , 15:00–16:15
The Russian Economy: From Adaptation to Growth
Congress Centre, zone B, 2nd floor, conference hall B4

Amid the economic uncertainty and geopolitical risks shrinking opportunities for investment into foreign instruments, investments in gold become a reliable defensive asset and a key means for both individuals and institutional investors to save funds. Recently, the state has been purposefully steering a course toward attracting new private and institutional investors into the gold market. Even so, there still exist certain regulatory, organizational and psychological barriers that make it somewhat uncomfortable for the client to navigate the gold investment market. New instruments such as online sale of gold coins, digital financial assets (DFA), utility digital rights (UDR) backed by real gold make it possible to expand the potential investor pool and shape new investment markets. What are the capabilities of and opportunities for investors in gold in Russia? How can investment in precious metals be made comprehensible for regular investors? The prospects for digital tokens based on real physical gold: the DFA or the UDR? How is the gold mining industry developing amid the sanctions? What are the prospects for expanding use of gold as an investment tool when implementing proposed initiatives and in using digital tools? What additional initiatives could attract new clients to the gold investment market?

Dmitry Butrin, Deputy Editor-in-Chief, Head of Economic Policy Section, Kommersant Publishing House

Denis Iordanidi, General Director, Lighthouse; Member of the Coordinating Council for Digitalization, Russian Union of Industrialists and Entrepreneurs
Sergei Kushuba, Chairman, Union of Gold Producers of Russia (online)
Migel Markaryants, Senior Vice President, Head of Retail Business Unit, Promsvyazbank
Georgy Smirnov, General Director, Nordgold Management
Arkady Trachuk, General Director, Goznak
Ekaterina Frolovicheva, General Director, Atomyze
Ivan Chebeskov, Director of the Department of Financial Policy, Ministry of Finance of the Russian Federation

Front row participant
Mikhail Yurchuk, Deputy CEO for Government Relations, Atlas Mining (JSC “UMMC”)