On April 16, the price of gold bullion in Uzbekistan reached a historical maximum, according to nova24.uz.
According to the Central Bank, the price of 1 gram of gold amounted to 1.413 million soums. The price of a 5-gram bullion exceeded 7 million soums. In just one day, gold increased by 2.06%, and in one month, it rose by 9.9%. Since the beginning of the year, prices have increased by 24.8%.
This situation is related to the record level of gold futures prices worldwide. As of April 16, 1 troy ounce of gold was equivalent to 3300 dollars.
However, economist Timurmalik Elmuradov emphasizes that it is not easy to make a profit from buying and selling gold in the short term. This is because banks set low prices for buying and high prices for selling.
Therefore, it is advisable to hold gold as a long-term investment, says the expert.
Similar news
Lady Gaga held a historic concert in Brazil: over 2 million fans gathered
On May 3, the famous American pop star Lady Gaga held one of the largest and most sensational concerts of her career at Copacabana, the most famous beach in Brazil, located in Rio de Janeiro. This
Rising country: over 220,000 apartments were commissioned in the last 3 years
In Uzbekistan, comprehensive reforms aimed at providing housing for the population, modernizing the construction sector, and building new towns are consistently ongoing. A vivid confirmation of this
The prediction for the match "Roma" - "Monsa" has been announced
In the next round of the Italian Serie A, the teams "Roma" and "Monza" will clash. According to statistical data, "Roma" has a 77% chance of winning, while
Juice production in Uzbekistan reached 41.3 thousand tons
The production volume of fruit juices in Uzbekistan has reached 41.3 thousand tons, Upl.uz reported. This information was published by the press service of the National Statistics Committee. From
639 times ignited land, 5350 hectares of damage — space showed the truth
In Uzbekistan, cases of illegally burning leftover land after harvesting grain crops are on the rise. Such incidents pose significant risks not only to the environment but also to human health.
