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The volume of transactions with precious metals on the “Moscow stock exchange” in June grew 1.7 times

06 July 2020

 

The total trading volume of precious metals on the “Moscow stock exchange” in June 2020 amounted to 3.66 billion rubles, follows from materials of the exchange. Compared to the same month last year the figure rose to 74%, or 1.7 times. For about a year and a half trading volumes on the “Mourge” fell, and in may began again to show a positive trend. This can be partly explained by the substantial rise in gold prices.Just for the 1st half of 2020 the volume of trading precious metals totaled 14.32 billion rubles, which is 34% lower than the same period last year. The average is just over 2 billion roubles in a 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.

 

Source: https://thetimeshub.in/the-volume-