Gold Coin, a new investment instrument of the National Bank, is now available in Tabys mobile application, offering investors a convenient and innovative way to invest in gold.
One Gold Coin equals 1/20 troy ounce of gold. Its value depends on the London Bullion Market Association (LBMA) price and the tenge-to-dollar exchange rate on the day before the transaction. Upon accumulating twenty units of Gold Coin, it can be exchanged for a physical ÚKI gold investment coin at the National Bank branches.
The ÚKI investment coin is made of high-purity gold (Au 999.9), has a nominal value of 100 tenge, and weighs 31.1 grams (1 troy ounce).
“We continue to expand our product line and offer innovative solutions for savings and investment. One such solution is the ability to purchase a gold investment coin in fractions. Now, Tabys users can buy, sell, and even gift Gold Coin online,” said Zharas Musabekov, AIX CFO.
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AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. www.aix.kz
The Astana International Financial Centre (AIFC) is an independent jurisdiction that started (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan’s economy. https://aifc.kz/