Gold most profitable instrument on Russian market in Feb, yield amounts to 6% per annum

MOSCOW: Gold was the most profitable instrument on the Russian financial market in February, the Central Bank reported. In particular, the y...

MOSCOW: Gold was the most profitable instrument on the Russian financial market in February, the Central Bank reported.

In particular, the yield of gold was the highest on the Russian financial market last month and amounted to 6% per annum, while securities from the banking and financial sectors were in the second place, yielding 4.7% per annum, according to the regulator. Securities from the chemical sector came in third with a yield of 4.2%.

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