MOEX to launch Ruble priced gold July

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News Date: June 30, 2023

Head of the exchange's derivatives market Maria Patrikeyeva stated that The Moscow Exchange is planning to start trading in perpetual gold futures.
Patrikeyeva: "We launched settled quarterly gold futures, and in the near future, in July, we will launch new perpetual gold futures,".
This statement was made at the press lunch "Options Market on the Moscow Exchange: New Opportunities."
On June 28, the Moscow Exchange started trading settled gold futures contracts denominated in Russian rubles.
The GLDRUB_TOM instrument from the exchange's precious metals market serves as the underlying asset.
A lot is 1 gram, while a tick's size and value are both 0.1 rubles.
On the day the contract is settled, the strike price is the RUGOLD index price as determined by the Moscow Exchange based on transactions involving the underlying asset in the precious metals market.

Dollar standard rejected in the era of gold

Peter Schiff said he thinks we are about to see a gold bull market rivaling the 1970s because the world is going to reject the dollar standard and go back to a gold standard.
Ray Dalio:Within the next five years you could see a situation in which foreigners who have been lending money to the United States wont want to, and the dollar would not be as readily accepted for making purchases in the world as it is now.
Sources:twitter.com, www.zerohedge.com

Welcome to Blockchain, Federal Reserve!

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Source:cointelegraph.com

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Source:reuters.com

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Source:www.securities.io, www.forbes.com

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Sources: search4dinar