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Published

10/10/2024, 14:35

Sales of ‘Kyrgyzaltyn’ gold bars reached 50 million KGS. The President assessed the results

Today, on 10 October, President Sadyr Zhaparov visited the OJSC ‘Kyrgyzaltyn’ company shop where measured gold bars are sold. The shop was officially opened on 5 September, and since its opening the sales volume has reached 50 million KGS and the company's net income has reached 3 million KGS.

The President noted that buying domestically produced gold bars is a reliable and profitable investing way. He stressed that there should be no restrictions on these products' purchases, as mined gold is sold on international exchanges, where prices may be lower than in a company shop.

Those who invested in gold two years ago can sell it for a profit of $34,000 per kilogramme, given current market prices, according to Kyrgyzaltyn Chairman Kubat Abdraimov. The President urged wealthy citizens to invest in gold, noting its stable price growth.

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