Why would Putin want to do this now of all times?
https://www.business-standard.com/article/international/russia-drops-gold-tax-to-encourage-savers-to-dump-dollars-122030900880_1.html
Russia drops gold tax to encourage savers to dump dollars | Business Standard News
Read more about Russia drops gold tax to encourage savers to dump dollars on Business Standard. Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold.
https://www.business-standard.com/article/international/russia-drops-gold-tax-to-encourage-savers-to-dump-dollars-122030900880_1.html