The gold market is attempting to recover after last week's fluctuations

The market for measured gold bars in Kyrgyzstan is showing a gradual recovery after a volatile week. As of 25 November, both buyback and sale prices per ounce have risen compared to the previous day, but remain significantly below last week's peaks.

Today, 25 November, the price of an ounce of gold is 359,529 KGS, and when purchased from the National Bank of the Kyrgyz Republic, it is 364,922 KGS. The day before, the National Bank bought an ounce for 358,724.5 KGS, or 804.5 KGS cheaper.

For comparison, last week the average price at which the regulator bought back 31.1035 gram bars was 359,700 KGS, and sold them for 365,130 KGS.

The dynamics by day are as follows:

• 24 November: 358,724.5 KGS for repurchase and 364,105.5 KGS for purchase;
• 21 November: 360,277 KGS and 365,681 KGS;
• 20 November: 363,455.5 KGS and 368,907.5 KGS – weekly maximum;
• 19 November: 357,670.5 KGS and 363,035.5 KGS;
• 18 November: 358,694 KGS and 364,074.5 KGS;
• 17 November: 358,571.5 KGS and 363,950 KGS.

This range — from 357,600 to 363,400 KGS (buyback) — emphasises that the gold market pulsated in line with global quotations.

Prices on 25 November remain below the peaks of 20–21 November, but show an upward movement after a local decline at the beginning of the week.