Azerbaijan eyes creating first center for sale & exchange of gold, silver items

In order to stimulate the jewelry market, there are plans to create the first center for the sale and exchange of gold and silver products by AzerGold, Chairman of the Board of AzerGold CJSC Zakir Ibrahimov said at the business forum ‘Jewelry Production: Current State and Prospects,’ Report informs.

He noted that the center will sell AzerGold coins and ingots at exchange prices, with a minimum margin: “In addition, for the first time in this center, the redemption of ingots produced by the company will be ensured in accordance with the current price of gold on the world exchange.”