Kazakh residents increasingly give gold bars to each other

Kazakh residents increasingly give gold bars to each other

According to experts, Kazakh residents have recently begun to give each other gold bars as gifts more often. In 2017, the National Bank launched a program to sell the precious metal to the population through second-tier banks and exchange offices. Since that time, Kazakh people have purchased almost 75,000 copies of various denominations. The lightest bar weighs 5 grams, and the heaviest weighs 100 grams. Basically, measured bars are in demand in Almaty, Nur-Sultan and Atyrau. The financial regulator notes that the main factor in ensuring their liquidity is the possibility of repurchasing bars by banks and exchange offices. The client receives payment on the same day.

 

Translation and editing by Saule Mukhamejanova