Buying and selling prices set for gold bullions sold by Tajik central bank reportedly rose 6.0 percent in a year to December 31, 2018.
According to the National Bank of Tajikistan, current price for one gram of gold in Tajikistan is approximately 420 somoni (equivalent to some 45.00 U.S. dollars).
The selling price for a 10-gram gold bullion (the price at which the NBT sells a 10-gram gold bullion).reportedly rose from 3,966 somoni to 4,203 somoni, and the buying price for a 10-gram gold bullion (the price at which the NBT buys a 10-gram gold bullion) rose from 3,926 somoni to 4,105 somoni.
Tajik central bank now sells gold bullions weighing 5, 10, 20, 50 and 100 grams, the NBT press center says.
The buying and selling prices for gold bullions are reportedly determined every day and set in the national currency, the somoni.
A gold bullion, also called gold bar or a gold ingot, is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar. The kilobar, which is 1000 grams in mass (32.15 troy ounces), is the bar that is more manageable and is used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold, making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape. Asian markets differ in that they prefer gram gold bars as opposed to Troy ounce measurements. Popular sizes in the Asian region include 10 grams, 100 grams and 1,000 gram bars.
