Finance Ministry Significantly Cuts Gold Purchase Prices for Individuals

The Finance Ministry has revised the prices at which it purchases precious metals in jewellery and scrap form from individuals. Finance Ministry Resolution No. 24 of June 10 has been published on the National Legal Internet Portal. Purchase prices for gold, platinum and silver have been reduced.

Gold prices per gram will be:

• 375 fineness — 137.67 rubles (-14.86 rubles);
• 500 fineness — 193.56 rubles (-19.78 rubles);
• 585 fineness — 214.77 rubles (-23.17 rubles);
• 750 fineness — 275.34 rubles (-29.72 rubles);
• 900 fineness — 330.41 rubles (-35.66 rubles);
• 916 fineness — 336.28 rubles (-38.99 rubles);
• 950 fineness — 348.76 rubles (-37.64 rubles);
• 958 fineness — 351.70 rubles (-37.96 rubles).

Platinum:

• 950 fineness — 148.77 rubles (-13.67 rubles).

Silver:

• 750 fineness — 4.61 rubles (-0.15 rubles);
• 800 fineness — 4.92 rubles (-0.15 rubles);
• 875 fineness — 5.38 rubles (-0.17 rubles);
• 916 fineness — 5.63 rubles (-0.18 rubles);
• 925 fineness — 5.69 rubles (-0.17 rubles);
• 960 fineness — 5.90 rubles (-0.19 rubles).