Baku, Azerbaijan, May 14
By Fakhri Vakilov- Trend:
Through the exchange trading in the Uzbek Commodity Exchange (UZEX), 200 grams of Au-1 gold worth 69.6 million soums were sold for the period from May 6 to 12, Trend reports with reference to UZEX.
JSC Almalyk MMC acted as the gold seller. The exchange quotation was fixed almost at the level of the starting price and amounted to 348,000 soums per 1 gram of gold.
The buyers of precious metals at exchange trades are manufacturers of industrial products with processing capacities, as well as legal entities and individual entrepreneurs manufacturing jewelry and other products made of precious metals.
To participate in the bidding, manufacturers of jewelry and other products must submit to the exchange a license to engage in the production of jewelry and other products made of precious metals and precious stones, issued by the Agency for Precious Metals of the Central Bank of Uzbekistan.
To participate in the bidding, manufacturers of industrial products must submit a registration certificate issued by the Agency's State Assay Chamber to the exchange.
($1- 8,450.59 soums on May 14)
---
Follow author on Twitter:@vakilovfaxri