The expert told about the reliability of keeping savings in gold because of the rising price

Russians should consider investing in gold, as foreign currencies are unstable, while the ruble is still volatile. Anatoly Nikitin, a Mosobl Duma deputy and head of the Union of Pensioners of the Moscow Region, told Gazeta.Ru on February 5.

"It is most reliable to keep savings in bonds and precious metals, in particular, gold. Its value is steadily growing in value. Over the month, the figure has increased by more than Br10 thousand per 31 g. For 2025, it is presumably the peak, while in the long term it is predicted to rise to Br300 thousand per ounce," he commented.

Nikitin also informed that even jewelry chains began to offer the sale of gold. In addition, silver, the price of which has been kept at about the same level since January, also shows high stability in the market.

The expert predicted the continuation of this trend in 2025 due to the geopolitical situation.

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Prior to that, on January 15, expert Anton Meltsov said that some banks in Russia began to reduce deposit rates, despite the Central Bank keeping the key interest rate at 21%. The reasons for this process may be changes in the economic situation, as well as the desire of banks to increase their liquidity, notes NSN.

At the end of December, the study showed what Russians spent money on in 2024. So, Russian citizens did not save on vacation, trips to restaurants and movies.

In December, financial consultant Svetlana Petrova gave recommendations on how to create a financial safety cushion. According to her, the accumulated reserve of funds should be formed in advance. This amount should be equal to monthly expenses for three to six months, RT writes. According to her, it is optimal to put aside 10-15% of income in deposits with the possibility of replenishment every month.

In October, analysts urged not to "put all eggs in one basket" in order not to lose money. They suggested distributing investments in different markets, industries and instruments. This can be not only bonds and stocks, but also currencies, precious metals and real estate, reports 360.ru.

Also in October, economist and investor Elizaveta Konstantinova warned about the risks of savings in cash currency. According to her, investing money in a bank deposit can bring up to 20% per annum. She added that foreign currency savings also face sanctions risks, which makes them less reliable for long-term storage, Regnum IA notes.