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Analysis of the National Bank of Ukraine’s Notification dated October 10, 2024
The notification from the National Bank of Ukraine contains the current accounting prices for banking metals as of October 10, 2024. The document includes a table with detailed information regarding each metal, including their codes, quantities in troy ounces, names, and accounting prices.
Table Structure:
- Numeric Code: A unique numerical identifier for each metal.
- Letter Code: An alphabetical code used in international markets to denote the respective metal.
- Quantity in Troy Ounces: The standard unit of mass used to measure the quantity of metal.
- Banking Metal Name: The official name of the metal.
- Accounting Price: The cost of one troy ounce of metal, specified in Ukrainian hryvnias.
Specific Data:
| Numeric Code | Letter Code | Quantity in Troy Ounces | Banking Metal Name | Accounting Price* |
|---|---|---|---|---|
| 959 | XAU | 1 | Gold | 107,883.04 UAH |
| 961 | XAG | 1 | Silver | 1,263.69 UAH |
| 962 | XPT | 1 | Platinum | 39,173.28 UAH |
| 964 | XPD | 1 | Palladium | 41,875.15 UAH |
* The accounting price is established without obligations of the National Bank of Ukraine to buy and sell the specified banking metals at these accounting prices.
This means that the National Bank of Ukraine sets prices as a market benchmark; however, it does not have a legal obligation to conduct purchase or sale transactions of metals at the specified rates.
Source: Website of the National Bank of Ukraine
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