Citizens of Kazakhstan bought 2,320 small bars of total weight 59.2 kg from second-tier banks and separate non-bank currency exchange shops in February 2021.

The National Bank launched a program of sale and repurchase of small bars of refined gold for population (hereinafter the ‘Program’) in 2017. Overall, 47,302 gold bars of total weight 1.74 ton have been sold since its launch.

Gold bars are offered in five varieties: 5, 10, 20, 50 and 100 grams. 10 gram ingots are the most popular among buyers accounting for 28% of the total sales volume or 12,932 pieces. They are followed by 100 gram ingots – 10,830 pieces (23%), 20 gram ingots – 10,637 pieces (22%), 5 gram ingots – 7,235 pieces (15%) and 50 gram ingots – 5,668 pieces (12%). Small bars are in high demand in the cities of Almaty, Nur-Sultan and Atyrau.

Gold bars can be a reliable investment tool. Key factor to ensure a liquid market of gold bars is an opportunity for banks and non-bank currency exchange shops to repurchase ingots with payment of money to a client on a same day. Since the launch of the Program, a total of 140 small bars of total weight 3.7 kg have been accepted for repurchase. This is because gold ingots are a long-term tool of investment and saving.

Each ingot is released with safety elements (mirror surface of ingots, microtext and embossed edge) in a special packaging which protects it against mechanical damages and allows easily check if packaging was unsealed. Protective packaging is also a certificate of quality. Therefore, careful storage of ingots is recommended. Do not unseal its packaging!

Today, the population can buy and sell back gold bars at Halyk Bank, Eurasian Bank, Jusan Bank, Bank Center Credit and also separate non-bank currency exchange shops.

For more details mass media can contact:
+7 (7172) 77- 52-10
e-mail: press@nationalbank.kz
www.nationalbank.kz