Gold and silver sold for more than $12 million – Funds raised to economy


June 29, Fineko/abc.az. Amid a sharp increase in prices for precious metals, another 36 silver and gold alloys from gold and silver extracted on Chovdar mining & processing site were put up for sale in Switzerland after processing.

ABC.AZ reports that as a result of the sixth export operation conducted in 2020, country's economy raised finances for 6,703.97 ounces of gold and 15,273.95 ounces of silver for totally $12.84 million (AZN 20.543 million).

Thus, as a result of export operations in the 1st half of this year, theraised funds to the country's economy increased by $43.25 million (AZN 73.525 million). This means an increase of 41% compared with the 2019 same term.