Inquired rates for silvers and golds deposited into the state treasury - examined the figures
Hey there! Let's dive into the latest updates on the precious metals market in Belarus. The Ministry of Finance recently revised the calculated prices for precious metals included in the State Fund of Belarus.
The updated prices list shows an increase only for silver, platinum, and palladium, while a decrease has been observed for the rest of the precious metals. As of May 31, the following calculated prices have been set, per gram of pure metal:
- Gold - 309.40 rubles (-4.72 rubles)
- Silver - 3.11 rubles (+0.03 kopecks)
- Platinum - 101.32 rubles (+8.4 rubles)
- Palladium - 91.18 rubles (+1.62 rubles)
- Ruthenium - 519.27 rubles (-4.67 rubles)
- Rhodium - 62.06 rubles (-0.65 rubles)
- Iridium - 394.94 rubles (-16.75 rubles)
- Osmium - 37.61 rubles (-0.69 rubles)
The prices for alloyed metals are effective as of the specified date as well:
- Silver - 3.11 3.08 rubles (+0.03 kopecks)
- Platinum - 101.27 rubles (+8.39 rubles)
- Palladium - 91.13 rubles (+1.61 rubles)
- Ruthenium - 519.01 rubles (-4.67 rubles)
- Rhodium - 62 rubles (-0.65 rubles)
- Iridium - 394.54 rubles (-16.74 rubles)
- Osmium - 37.58 rubles (-0.68 rubles)
It's worth noting that these are the most recent price changes, with the last adjustment made on May 1, 2025.
As for the global market, it's estimated that the price per gram of gold would be around $103.45, silver within $0.64-$0.80, platinum around $30-$40, palladium often higher than platinum, ruthenium around $10-$20, rhodium typically higher than palladium, iridium around $50-$100, and osmium around $100-$200. These estimates vary and might not reflect the exact prices used by the State Fund of Belarus. For precise information, consult the fund or relevant financial institutions.
In light of the Ministry of Finance's recent revisions, the industry sector of precious metals in Belarus has witnessed an increase in the prices of silver, platinum, and palladium, while a decrease has been observed for the rest of the precious metals. Meanwhile, in the finance world, it's predicted that the global market prices for gold, silver, platinum, palladium, ruthenium, rhodium, iridium, and osmium may differ significantly from the calculated prices set by the State Fund of Belarus.
