Tuesday, May 24, 2011

National Bank Increased Prices of Precious Metals

National Bank Increased Prices of Precious Metals : Following the devaluation of the ruble National Bank raised the prices of precious metals on May 23. Discount price of 1 gram of gold was Br239.1 thousand against Br152.4 thousand on May 21 (56.9% increase), 1 gram of silver - Br5.5 thousand against Br3.6 thousand (52.1%), 1 gram of platinum - Br278.5 thousand against Br179.5 thousand (55.1%), 1 gram of palladium - Br115.4 thousand against Br74.1 thousand (55.6% ).

Meanwhile, the National Bank purchase-and-sale order of precious metals in bullion has not changed: they may go on buying only for the currency. 1 gram of gold with a certificate of quality has grown from Br163.5 thousand to Br261.3 thousand (59.8%), 5 grams - from Br767.4 thousand to Br1.2 million (58.7% ), 10 grams - from Br1.5 million to Br2.4 million (59%), 100 grams - from Br15 million to Br23.9 million (58.8%), 500 grams - from Br75.3 million to Br119.6 million (58.8%), a kilogram - from Br150.6 to Br239.1 million (58.8%), reported in the National Bank.

Silver bar weighing 10 grams has grown in value to Br83.8 thousand from Br53.5 thousand (56.7%), 100 grams - up to Br601.5 thousand from Br380.6 thousand (58.1% ), a kilogram - up to Br5.5 million from Br3.5 million (57.6%). 1 gram of platinum rose by 54.5% (Br330.3 thousand instead of Br213.9 thousand), 10 grams - 55.7% (Br2.8 million instead of Br1.8 million), 100 grams - 55.7% (Br27.9 million vs. Br17.9 million), 500 grams - 55.7% (Br139.6 million vs. Br89.7 million).

The selling price of gold and silver in bars has increased as well. 1 gram of gold costs $61 (instead of $60), 5 grams - $284 ($280), 10 grams - $563 ($556), 100 grams - Br5.44 thousand (Br5.37), a kilogram - Br54.3 thousand (Br53.6 thousand). Silver bars of 10, 20 and 50 grams are not more expensive ($22, $38 and $83), but the price for heavier metals has changed (100 grams - from 151 to 152, 350 grams - from 354 to 356, 500 grams - from 697 to 702 , 1 kilo - from 1.39 to 1.41). Platinum price has fallen on the contrary: from $78 to $77 (1 gram), from $336 to $334 (5 grams), from $662 to $658 (10 grams), Br6.39 thousand to Br6.35 thousand (100 grams), Br31.9 thousand to Br31.7 thousand (500 grams). (source ; http://telegraf.by )
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