Gold bar prices on the rise

Gold prices in Uzbekistan rose by more than 1 percent and again approached their peak level, the Central Bank reports.

A 5-gram bar now costs 3.955 million soums. The cost of one gram is 790,940 soums – slightly less than the absolute maximum reached on May 5.

Since the beginning of the year, gold has updated its quotation record several times. In March, the cost of the smallest bar for the first time crossed the mark of 3.8 million soums, and in early May - 3.9 million soums.

Then gold fell slightly in price, a 5-gram costing below 3.7 million soums. However, on August 14, prices showed the strongest rally since the beginning of the year, and since the beginning of September, they have fluctuated around 780 thousand soums per gram.