Belarus Raises Gold Purchase Prices for Individuals by up to 16 Percent
The Belarusian Ministry of Finance has increased the rates paid to individuals for selling gold, platinum, and silver. The new pricing structure takes effect on September 15. The adjustment reflects broader shifts in the domestic precious metals market.
The Ministry of Finance in Belarus has raised the purchase prices for precious metals held by individuals. Resolution No. 42, issued on September 9, mandates the higher rates starting September 15. The changes apply to gold, platinum, and silver in various fineness grades.
Gold prices per gram have increased across all listed categories. The highest increase applies to 958 fineness gold, which now trades at 387.97 rubles per gram. This represents a jump of 59.13 rubles from the previous rate. The lower fineness grades also see substantial gains, with 375 fineness gold rising by 22.06 rubles.
Gold Rates See Significant Upward Revisions
The new pricing schedule covers eight different gold fineness levels. The 585 fineness grade, common in jewelry, now stands at 236.91 rubles per gram. This marks an increase of 34.41 rubles. The 750 fineness grade has moved to 303.74 rubles, adding 44.13 rubles to the previous value.
According to GN auto markets/commodities: gold prices, these adjustments are significant for individual sellers. The 900 fineness gold price is now 364.48 rubles, up by 52.94 rubles. The 916 fineness grade has reached 370.96 rubles, reflecting a gain of 53.89 rubles. These figures represent the highest payout rates in the new table.
Platinum and Silver Prices Also Increase
Platinum purchase prices have also been adjusted upward. The 950 fineness platinum rate is now 155.8 rubles per gram. This is an increase of 24.73 rubles. Silver prices have seen smaller absolute gains but still show positive movement across all fineness grades.
Silver at 960 fineness now costs 5.83 rubles per gram, up by 1.07 rubles. The 925 fineness grade has risen to 5.61 rubles, adding 1.02 rubles to the previous price. These changes ensure that individuals selling scrap or jewelry receive higher compensation under the new regulatory framework.
