Ministry of Finance sharply reduced prices for gold and silver
The Ministry of Finance has revised the estimated prices for precious metals that the state purchases for its fund. The new prices came into effect on April 1st and, as usual, are set monthly, writes Office Life.
Illustrative photo. Photo: vecteezy.com
After a period of growth, when gold became more expensive for eight consecutive months, its price significantly decreased in April. While in March one gram of pure gold cost 462.62 rubles, in April it was already 419.6 rubles, meaning approximately 43 rubles less.
Silver also continues to fall in price: in March a gram cost 8.05 rubles, and from April – 6.7 rubles. This drop amounted to 1.35 rubles. A similar trend is observed with platinum – its price decreased from 211.57 to 177.29 rubles per gram.
Significant changes are also noted among other metals. For example, rhodium significantly decreased in price – by more than 179 rubles per gram (from 1068.99 to 889.59 rubles). Palladium also decreased in price – by almost 30 rubles (from 162.63 to 133.3 rubles).
At the same time, some rare metals, on the contrary, became more expensive. Ruthenium grew by almost 30% (to 166.02 rubles), iridium – by more than 20% (to 740.17 rubles), and osmium showed a slight increase (by 3% to 36.89 rubles).
Looking at the global market, a decrease in average prices for key metals: gold, silver, and platinum, was also observed there in March. As of early April, gold still remains at a fairly high level on world exchanges, but the overall trend of the last month is a correction and price reduction.