Precious metals storefront

113.6M ₽

Bars revenue in 2 months

102M ₽

Coins revenue in 2 months

9,652 g

Bars sold, 40% from website

733

Coins sold, 40% from website

In 2022, Russia abolished the 20% VAT on retail sales of precious metal bars, making gold and silver accessible investment instruments for the mass market. By 2025, precious metals had become one of the top-performing asset classes, with major banks competing for retail market share. Alfa-Bank had the demand — but no digital channel to capture it.