Gold pricing in Russia reflects the global LBMA benchmark plus local currency conversion, premiums, and tax implications. For Russia-based institutional investors, LCORE offers an alternative to local gold markets: allocated physical storage in Abu Dhabi's pre-customs zone under ADGM English Common Law. Zero UAE duty, Lloyd's $250M insurance, ADGM Reg. 28158. Minimum allocation: $5M.
Request ConsultationThe international gold spot price (XAU/USD) converted to RUB reflects the USD/FX rate at any given moment. Russian gold price in rubles, cbr benchmark. LCORE provides institutional gold storage in Abu Dhabi with RUB settlement capability for counterparties from Russia.
For institutional holders in Russia, Abu Dhabi offers structural advantages: zero UAE capital gains tax (vs Russia local tax), zero import duty in pre-customs zone, ADGM English Law title protection, and DVP settlement infrastructure for commodity transactions.
UAE has no capital gains tax on gold. No annual wealth tax. No VAT on investment-grade bullion. Structural advantage for Russia investors vs home-jurisdiction holding.
LCORE can facilitate commodity settlement in RUB via gold DVP mechanism. No mandatory USD clearing for Russia counterparties.
ADGM applies English Common Law. Warehouse Receipt is enforceable internationally. Russia counterparties can rely on familiar legal framework.
Confidential. Min $5M. ADGM Reg. 28158.