The Bank of Russia has established new book prices for precious metals since December 23.
The Bank of Russia has established new book prices for precious metals since December 23, 2009:
- Gold costs 1,071.04 rubles per gram;
- Silver – 16,90 rubles per gram;
- Platinum -1390.87 rubles per gram;
- Palladium – 354.32 rubles per gram.
Accounting prices of precious metals set by the Bank of Russia, used for accounting purposes by credit institutions, beginning with the calendar day following the day of their establishment, and act till the new values of accounting pricesĀ will come into force.
The Bank of Russia carries out the calculation of accounting prices each business day based on the current calculation on the spot market of metal in London, the values of AM Fixing of the price of gold, silver, platinum and palladium, which are converted into RUR according the official exchange rate of U.S. dollar to Russia’s ruble, current on the day following the date of the establishment of accounting prices.