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Cbank says resumes buying gold from national market from Monday

MOSCOW, Feb 28 (PRIME) -- RussiaТs central bank will resume buying gold from the national market starting from Monday after a two-year pause, the regulator said in a statement on February 27.

УThe central bank resumes buying gold on the domestic market of precious metals from February 28, 2022,Ф the statement read.

The purchase price of gold will be determined daily based on the morning price of the U.K. Independent Precious Metals Authority also known as London Bullion Market Association (LBMA).

The central bank suspended the purchase of gold on the domestic market on April 1, 2020 amid volatility in the financial markets.


28.02.2022 09:53
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