The Cabinet of Ministers has approved the list of products, the export and import of which are subject to licensing. The export quotes for gold and silver (except for bank metals), as well as precious metals scrap are set at zero. At the same time, the quote for coking coal export is set at 1.3…
The procedure for applying discounts on the purchase of precious metals has been further improved. Specifically, interest will not be calculated on payments made within 30 days. For payments made within 180 days, interest will be calculated at the main rate of the Central Bank. The Presidential Decree “On Measures to Create Favorable Conditions for…
During a recent meeting, the increasing cases of illegal mining of gold and precious metals by residents in several regions of Uzbekistan were highlighted. The numbers reveal a concerning trend, with 34 administrative cases in 2020, 463 in 2021 and nearly 1,500 in 2022. In 2021, 2022 and the first ten months of 2023, approximately…
Quantitative restrictions have been imposed on the export of precious metals and raw materials containing them from the territory of Kyrgyzstan. The decision was made at a meeting of the Cabinet of Ministers. It is aimed at protecting the domestic jewelry industry and assisting in the development of domestic jewelry production during processing of precious…
An ounce of gold in Azerbaijan decreased in price by 20.72 manats (0.7%) last week. The average price of one ounce of gold amounted to 3,142.56 manats, down by 0.09% compared to the previous week. The price of an ounce of silver increased by 0.9117 manats (2.1%). The average price of one ounce of silver…
Last week, the price of one ounce of gold decreased by 42.4048 manats (by $24.9). The average price of one ounce of gold stood at 2,725 manats ($1,602). The price of one ounce of silver decreased by 0.58984 manats ($0.03), to 24.00616 manats ($14.1). The price of one ounce of platinum dropped by 30.4024 manats…
Last week, the price of one ounce of gold increased by 265.88 manats ($156.4) or by 10.6%. The average price of one ounce of gold stood at 2,767 manats ($1,627). The price of one ounce of silver grew by 4.2236 manats ($2.4) or by 20.7%, to 24.596 manats ($14.4). The price of one ounce of…
Last week, the price of one ounce of gold decreased by 223.9 manats ($131.7) or by 8%. The average price of one ounce of gold stood at 2,556 manats ($1,503). The price of one ounce of silver dropped by 6.3161 manats ($3.7) or by 22%, to 21.8914 manats ($12.8). The price of one ounce of…