Central Bank announces buyback prices for gold bars for the first time

The Central Bank of Uzbekistan has announced buyback prices for gold bars for the first time. This was reported on the bank’s official website.

According to the information, as of January 5, the selling price of a 5-gram gold bar is set at 8,735,000 soums.

The buyback prices are as follows:

• with intact packaging: 8,395,000 soums;
• with damaged packaging or not meeting technical requirements (after technical examination): 8,311,000 soums.

For a 10-gram gold bar:

• Selling price: 17,469,000 soums.

Buyback prices:

• with intact packaging: 16,791,000 soums;
• with damaged packaging or not meeting technical requirements (after technical examination): 16,621,000 soums.

For a 20-gram gold bar:

• Selling price: 34,939,000 soums.

Buyback prices:

• with intact packaging: 33,582,000 soums;
• with damaged packaging or not meeting technical requirements (after technical examination): 33,243,000 soums.

For a 50-gram gold bar:

• Selling price: 87,347,000 soums.

Buyback prices:

• with intact packaging: 83,955,000 soums;
• with damaged packaging or not meeting technical requirements (after technical examination): 83,107,000 soums.

For a 100-gram gold bar:

• Selling price: 174,694,000 soums.

Buyback prices:

• with intact packaging: 167,910,000 soums;
• with damaged packaging or not meeting technical requirements (after technical examination): 166,214,000 soums.

It was noted that the buyback price depends on the condition of the gold bar’s packaging. The announcement is expected to improve transparency in gold investment market operations and is seen as a new approach to transactions in the precious metals market.