Wednesday, June 11, 2014

Russian Gold Reserve

Posted by Admin

Historically, gold holds its value and is the experts’ pick for diversifying your portfolio and potentially increasing its performance. In fact, gold has increased in value over 150% since 2001. As opposed to equities, which can go from very high levels down to zero in a very short time, gold is never going to zero. When other markets collapse, gold has historically seen huge increases in value as people make a quick flight to quality. Gold investing allows individuals to accumulate assets that protect their wealth.

Engraving lathe puts marking on a bar with “four nines”- 99,99% pure (State Standart 28058-89) at “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant”. “Four nines” is the highest purity of gold bar which is economic to produce for the investment market. Only scientific market would not anything of greater purity, and the production costs would increase disproportionately. Mandatory marking consists of serial number, sample, gem characters, stamp, production date and bar weight in grams or ounces.

Bars of the State Standard have the weight from 11000 g to 13300g. Bars of Krasnoyarsky plant have the branch quality mark- Good Delivery status what allows to come to the international market of gems. Besides Krasnoyarsky plant, five more Russian plants have the same status. Total number of the factories all over the world that have the same high Good Delivery Status is 55.

Krasnoyarsk Non-Ferrous Metals Plant produces also gold bars of nine types (State Standard Р51572-2000)- from one gram to one kilogram of gold. This plant produces silver, platinum and palladium bars, besides the gold ones.


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