Gold price exceeds 1 mln soums per gram in Uzbekistan
Tashkent, April 18 -- The Central Bank of Uzbekistan has updated the prices of gold castings and commemorative gold coins. Now, the price of 5 grams of gold castings stands at 5 million 12 thousand soums, while 15 grams of commemorative coins are priced at over 15 million soums.
Uzbekistan has witnessed a steady rise in gold prices, with a 1.9 percent increase recorded on March. Additionally, the country's gold and foreign exchange reserves have grown by nearly $2 billion, despite a decrease in the physical volume of gold in the Reserve. Globally, gold prices have also been on the rise, reaching a historic high of $2,400 per ounce last week. Analysts attribute this upward trend to increased demand for central bank purchases and secure as...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.