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Sadyr Japarov visits brand store of Kyrgyzaltyn JSC

The President of Kyrgyzstan Sadyr Japarov visited the brand store for the sale of weighted gold bars of Kyrgyzaltyn JSC. The press service of the President reported.

The head of state was informed that the official opening of the store took place on September 5, 2024. It is noted that the sales of gold bars amounted to 50 million soms, and the company’s net income — 3 million.

Currently, anyone can buy minted gold bars in the brand store, including citizens of other countries.

Sadyr Japarov emphasized that there should be no restrictions on the purchase of products of Kyrgyzaltyn JSC, since gold mined in the country is ultimately sold on international exchanges, where prices may be lower than in the brand store.

In response to the president’s question about the profitability of investments in gold, the Chairman of the Board of Kyrgyzaltyn JSC Kubat Abdraimov replied that those, who bought a kilogram of gold two years ago, can sell it today with a profit of $34,000, given the current market value.

Sadyr Japarov emphasized that the purchase of domestically produced gold bars is a reliable and profitable way to invest funds. He called on wealthy citizens to invest their savings in gold, as its value is growing annually.

Gold bars can be purchased from Tuesday to Saturday at the address: Bishkek, 195, Abdumomunov Street.

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