The volume of transactions with precious metals on the “Moscow stock exchange” in may rose 26%
The total trading volume of precious metals on the “Moscow stock exchange” in may 2020 made up 2.61 billion rubles, follows from materials of the exchange. Compared to the same month last year the figure rose to 26%. It has demonstrated positive dynamics for the first time since Jan 2019.
In real terms, the turnover in may was 0.65 tonnes of gold and 0.97 tons of silver.
Only 5 months of 2020 the volume of trading precious metals made up of 10.66 billion rubles, which is 46% lower than the same period last year. The average is about 2 billion rubles per month.
Moscow exchange began trading gold and silver since October 2013. Trading volumes are low and in the last couple of years, only reduced. If in 2016-2017, the average monthly trading volume was reached about 10 billion rubles, then in 2019 he turned out to be an average of about 3 billion rubles.