The buy-back price of an ounce of gold in Kyrgyzstan has risen by more than 9,600 KGS over the past week on Akchabar

The price of a standard gold bar weighing 31.1035 grams, or one troy ounce, in Kyrgyzstan has risen significantly over the past week. This is according to data from the National Bank.

On 14 August, the buy-back price for one ounce stood at 384,557 KGS, whilst the selling price was 390,325.50 KGS.

By 21 August, the buy-back price had reached 394,168 KGS, and the selling price 400,081 KGS.

Thus, over the course of the week, the buy-back price per ounce rose by 9,611KGS, or 2.5 per cent. The selling price increased by 9,755.5 KGS, also by…