Precious Metal Operations

• Purchase and Sale of Precious Metals
• Safekeeping of Precious Metals
• Sale (export) of Precious Metals on Customer's Instructions
• Information and Consultancy Services

Customer Services:

• carrying out commissions of the Russian Government with regard to export and sale of gold from the Federal Precious Metal and Gem Foundation in the international market;
• carrying out commissions of customers from Russian subsoil users and banks to export and/or sell proprietary gold in the international market, including customer acquisition;
• drafting terms and conditions with regard to services for a commission and standard commission agreement texts;
• giving access to purchase/sale quotations for precious metals;
  
• entering into agreements with foreign gold buyers, including industrial end-users.

Information and Consultancy Services:

• concluding agreements for information servicing of Russian subsoil users and companies that reprocess secondary materials containing precious metals, etc.;
• preparing daily and weekly references on precious metal prices in the domestic and international markets;
  
• providing information on precious metal transactions to other VTB divisions.