Gold rate in Sberbank of Russia for today: online quotes chart for 1 gram, price dynamics

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Gold has always been a fairly volatile instrument, so it would be better to track its rate online.

Price of 1 gram of gold in Sberbank of Russia

It is interesting to see how the price of gold changes per 1 gram in the country's largest bank. This can be seen in the graph below:

Price of gold per gram in an unallocated metal account and physical gold in bullion

When comparing the cost of these two tools, you need to remember that they are completely different in meaning. Gold bullion refers to physical, that is, tangible. You can possess it, literally hold it in your hands.

Compulsory medical insurance does not make you the owner of gold for one minute. Today you open a bank deposit in precious metal units, that’s all. Your account contains equivalent value, not real gold. In the same equivalent (in terms of rubles) you will receive its value when you close your compulsory medical insurance in a year or another period.

This is why bullion will always be more expensive compared to OMS. In addition, when purchasing bullion, the price includes 18% VAT. Thus, the difference between gold investment rates at Sberbank today will be approximately 30% in favor of compulsory medical insurance.

But how much these prices differ from the Central Bank rate can be judged by official quotes.

Price 999 standard according to the Central Bank

Bank price today

Scrap price

Price in jewelry

Gold price per gram in investment coins

Those who decide to buy investment coins at Sberbank should understand that the selling rate will be higher, and the purchasing rate will be lower than that established by the Central Bank of the Russian Federation.

Sberbank offers not only standard investment coins, but also commemorative, numismatic, gem-encrusted, and collectible coins. In short, the bank is constantly expanding the range of products it offers.

Expert opinion

Alexander Ivanovich

Private collector with 4500+ coins and bonds in his personal collection. Knows the value of each of them today.

I can’t guarantee that the prices here are optimal for investors, so don’t be lazy to check the current cost of coins with all possible sellers.

As a rule, the rate of investment gold coins at Sberbank differs from the official rate of the Central Bank, up for purchase and down for sale.

Price of the Central Bank of the Russian Federation

Gold prices set today by the Central Bank are usually close to European prices. Let's take a look at the graph:

Price formation

Quotes for any resource sold on stock exchanges or financial institutions depend primarily on the volume of its production.
When it comes to precious metals, the companies involved in their development maintain a balance that allows them to combine value with their own maximum profit. Since gold is a rather rare mineral, as its quantity on the market increases, the price decreases. Demand is the second important factor influencing the price of any precious metal, including silver or palladium. It is consumed mainly by enterprises in the jewelry and instrument-making industries. As production increases in these industries, the need for raw materials increases. Accordingly, the quotes of the yellow metal are skyrocketing.

Large investors prefer to invest in valuable assets to insure risks. In addition, there is an inverse relationship between the dollar and gold. This means that when the price of the American currency increases, its price for the metal decreases and vice versa. There are exceptions when inflationary expectations arise and the economic situation in the United States simultaneously improves. But these periods are rare and short-term.

State central banks have a certain influence on the exchange rate stability of gold. Some of them keep up to 80 percent of their gold and foreign exchange reserves in this resource. By buying and selling it, they adjust the stock price.

This is due to the fact that large market players prefer to keep important information secret, releasing only a small part of it into the public domain. Therefore, they have to rely on the price lists of major financial institutions for gold. The price per gram today in Sberbank of Russia is one of these beacons.

How the price is formed, why it changes and is different in different banks

The rate of gold of different types in commercial banks differs, and sometimes quite noticeably, from the indicator established by the regulator. This is understandable - not only investors, but also banks strive to make a profit. In addition, the cost of the yellow metal itself today also does not stand still. What affects the price of gold

Changes in the value of a gold ounce depend on:

global economic crises;
US monetary policy and fluctuations in the exchange rate of its national currency;
speculative movements of large market makers;
exchange rate of our native ruble against the US dollar.

Fluctuations in world gold prices force our Central Bank to adapt and also change course.

Its rate is a reference point for other commercial banks that set their rates for today. At the same time, banks need to solve two problems at once - to make a profit and to increase the number of clients.

Therefore, their rates are different - whatever the pricing policy is, so is the rate. Where to turn, whether to choose Sberbank or a less popular financial institution, is up to the investor to decide.

Types of investments in gold

What can the monster of the domestic gold market offer us, private investors?

Compulsory medical insurance

Unallocated metal accounts are now successfully offered at Sberbank. They were very popular earlier, during the era of total growth in the gold rate.

Now the demand for them has noticeably decreased, especially with the emergence of other ways of investing in gold on the Russian market.

However, with skillful investment, compulsory medical insurance today brings a stable income. Although it is relatively small, it nevertheless exceeds the profitability of a bank deposit and often even exceeds inflation.

Ingots

Here Sberbank has no competition. It is the oldest player in the physical gold market. Its reputation is so high that gold bars purchased here will be gladly taken from you at any other bank.

The range offered today by Sberbank is very diverse. These are measured “bricks” weighing from 1 g to 1 kg, as well as standard ones - for those who like heavier specimens. Their weight varies in the range of 11–13.3 kg. Gold is sold only with a certificate and must be stored with the same care as the metal itself.

Investment coins

The range of investment coins offered by Sberbank is periodically updated. Therefore, it is better to check their availability, and at the same time the current exchange rate, in the catalog on the bank’s official website.

Which investment method is more profitable?

Of the options considered, the purely investment one is, of course, the opening of compulsory medical insurance. Today, both in terms of liquidity and profitability, it confidently outperforms the others. The only condition is that you need to understand that this account is opened for at least a year, and preferably for 3-5 years, in order to achieve maximum profitability.

If you close your account early, you will not only not make a profit, but may even end up at a loss. Therefore, gold investments require a balanced, unhurried decision. Gold is not a good instrument to speculate on.

How to make money on compulsory medical insurance?

The easiest way to make money on compulsory medical insurance is quite obvious. It is implemented according to the following scheme:

first, the purchase of one or more metals opens compulsory medical insurance;
then the dynamics of price changes for any of the purchased precious metals is monitored;
when quotes increase, the deposit in the metal is sold in whole or in part, resulting in a profit due to the difference with the purchase price.

Naturally, this is the most general description of the procedure for possible earnings on compulsory medical insurance. It is important to note that making a profit is not always the goal of opening an impersonal metal account. In some cases, a potential Sberbank client is guided by other important advantages when deciding to open a compulsory medical insurance, which are discussed in more detail below.

Yield calculator for precious metals OMS

The amount of income from investments in metal accounts directly depends on how well the moment of purchasing metal is chosen. Income or loss in numbers can be viewed in the Compulsory Medical Insurance Profitability Calculator section.

I’ll show you with an example how the profitability of an impersonal gold account is calculated today.

Situation 1.
Masha purchased 100 g of gold in the form of compulsory medical insurance on 02/15/2017. At that time, Sberbank was selling gold at the rate of 2,341 rubles per gram. Thus, Masha paid 234,100 rubles. She decided to sell it on December 26, 2018, when the purchase rate became 2,709 rubles per gram, and gained 270,900 rubles. Income for the period amounted to 36,800 rubles, or 15.6% for less than a year. Obviously, this indicator significantly exceeds the profitability of a bank deposit.

Situation 2.
Vanya opened a gold compulsory medical insurance on November 8, 2016 at a sales rate of 3,043 rubles per gram and purchased 100 g of the precious metal (in the amount of 304,300 rubles). He hoped that the gold rate, which had shot up sharply, would break through the previous high and allow him to make a good profit. But the short-term breakthrough did not live up to expectations, and the purchase rate did not even come close to the numbers that Vanya had hoped for. Upset, Vanya decides to sell the metal on the same day as Masha and receives the same 270,900 rubles. In total, a loss was received in the amount of 33,400 rubles. (-eleven%).

Here is a clear example of a bad moment to enter an asset.

Dynamics

The features of the precious metals market and price changes on it are clearly shown by comparing the dynamics of two key parameters - the price of a troy ounce of gold (the traditional measure of weight for this metal, equal to 31.1035 grams) and the domestic MICEX stock exchange index. To obtain a more objective picture, it is advisable to consider a fairly long period - from 1998 to the current year. The first indicator is indicated in US dollars, the second - in traditional points.

Analysis of the diagram clearly demonstrates several important points:

with a stable financial and economic situation in the country, the dynamics of the price of gold is practically not inferior to the growth of the stock exchange index;
when any crisis occurs - 2 of them (in 1998 and 2008) are shown in the diagram, the third (in 2014) is not marked, but is also clearly visible - the rise in gold prices rapidly overtakes the index, which collapses no less quickly;
The huge difference in dynamics during crises allows gold to easily compensate for a slight lag during times of economic growth.

Based on the analysis, several obvious conclusions can be drawn:

gold (like other precious metals, the dynamics of which are generally similar) is a much more reliable asset than stock market shares;
when forecasting crisis phenomena, it is advisable to transfer assets into precious metals;
With a steadily growing Russian economy, it is reasonable to retain part of the assets in gold and other metals, which will provide a so-called safety cushion and safety of funds in any development of events. Moreover, not everyone is able to predict crises;
Regardless of the situation on the financial markets and in the economy, investing in gold is the most guaranteed asset, reliably preserving the owner’s funds and often allowing him to earn money.

The general conclusion with which most experts agree is the following. Gold and other precious metals in the form of compulsory medical insurance from Sberbank do not always allow you to earn a lot, but they guarantee a fairly stable income. At the same time, they will definitely eliminate the loss of the owner’s savings.

Purchasing and storing bullion at Sberbank

The process of purchasing gold is quite simple. To carry out transactions for the purchase and sale of metal, the investor will only need a passport.

Please note that not all Sberbank branches have the right to conduct transactions with precious metals, so first check this information on the website, and then call the branch itself to confirm the availability of the selected asset.

The bank employee performs all operations himself, the client only has to deposit money into the cash register. After payment, you will be given gold, sealed in a special case, and a certificate attached to it.

Neither the bar itself nor the certificate must be subjected to any influence that could cause damage. All this entails a reduction in price up to the point of sale for gold scrap. Therefore, many buyers today prefer to store gold directly in a Sberbank branch.

What is such an account and is it profitable?

There are 2 types of investments available:

Responsible. They imply that the bank receives a fee for storing precious metal bars that are transferred by the client. Each unit is assigned a number. The user pays for the following services:
procedure for crediting bullion or issuing it;
assigning a number to each product;
interbank deposit transfers.
Unallocated metal accounts (UMA). They represent deposits of valuable metals. Compulsory medical insurance differs from standard investments of coins or bars in that the database reflects only the amount of precious metals that the client purchased. There is no information about the manufacturer, number or sample.

With this approach, there is no need to check the quality of the metal when buying or selling, which allows you to quickly carry out operations without wasting time on completing various documentation and examination.

Unlike cash, gold, platinum or silver does not depreciate, so such deposits have greater guarantees. Sberbank has developed a simple scheme for opening such an investment on favorable terms.

Using various assets, you can invest metals, top up your account and sell bullion, and receive a stable income. The rights to the deposit can be transferred to a third party by issuing a power of attorney.

The metals available to Sberbank clients include the most in demand:

Gold, which continues to occupy a leading position in the market.
Silver is a cheaper metal, so it is chosen as an alternative to gold deposits.
Platinum. This metal is the third most popular. Cases have been recorded of fraudsters committing counterfeits by fusing platinum and gold and passing off the bar as gold. Owners of compulsory health insurance are exempt from such danger, because The bank deals with authenticity issues.
Palladium. This metal is the rarest, discovered later than the others.

If the investor decides to withdraw metals from the account, the conditions stipulate payment of VAT in the amount of 18% of the value of the assets.

Despite the stability of investments, the risk of losing a large amount of funds remains.

Advantages and disadvantages

Expert opinion

Lyudmila Pestereva

Our most experienced gold investor

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The advantage of physical gold is its tangibility. No matter what happens in the world, you will not cease to be the owner of a valuable metal, which in the event of cataclysms or other crisis phenomena will only increase in price.

Physical gold can become damaged or rust if storage conditions are not maintained. By the way, if investment coins (for example, the ill-fated “George the Victorious”) can rust due to an incorrect production process, then with bullion this is almost impossible, because Sberbank gold is 999 fine and has no impurities at all.

Procedure for selling bullion

In terms of complexity, selling is no different from buying. One important difference is that a Sberbank employee carefully examines the bullion and its certificate in order to issue an opinion on its condition. This is what determines how much it will cost today.

Also note that the purchase price is always lower than the sale price.

Selling a bullion purchased from another bank

To the delight of clients, Sberbank does not refuse to accept gold purchased from other banks. The conditions are the same:

The condition of the bar must be either excellent or satisfactory.
The bar must be accompanied by a legible certificate.
To sell “other people’s” gold, Sberbank will also need a client’s passport.

Taxes and restrictions on acquisition

There is nothing complicated about paying taxes when buying physical gold. The notorious VAT is already included in the price, so whether you like it or not, you pay it right away.

There is also an income tax - well known, with a rate of 13%. However, you don't have to pay it. To do this, you must have owned the bullion for more than three years. Therefore, be sure to take this into account when choosing the moment of purchase. If you doubt that you will be able to keep it for the entire period, it is better to hold off on purchasing it. Why overpay if your income is already low?

Conditions under which the bullion will not be accepted at Sberbank

The bank has defined a number of restrictions, in case of which it may refuse to purchase bullion from an investor:

If the case in which the ingot was sealed is opened.
Unreadable information on the certificate.
Lack of certificate.
Rust or chipped surface of a gold bar.
Inconsistency of the weight or dimensions of the ingot with GOST.

In these cases there is only one way, alas! All that remains is to hand over the gold to jewelry workshops or pawn shops at the price of scrap.

Opening compulsory medical insurance in Sberbank: step-by-step instructions

Opening your own impersonal gold account with Sberbank today is no more difficult than opening a standard deposit.

There are two ways:

Directly in the office through a consultant.
Registration in the Sberbank-Online application.

First, let's consider the option of opening compulsory medical insurance in the office. For this you only need a passport. The process goes like this:

Check the list of offices where compulsory medical insurance is opened (in the table on the official website of Sberbank).
You come to the office and tell the consultant that you want to open a gold compulsory medical insurance.
Important! Don't forget to check the rate at which gold will be sold to you. If it has already changed and you are no longer satisfied, refuse to open compulsory medical insurance, because this means your automatic consent to purchase metal at the current Sberbank rate.
If necessary, the consultant opens a personal current account for you. You can use an existing one if available.
The consultant creates a new metal account for the amount agreed upon by you. Money will be immediately credited to it, converted into grams of gold at the Sberbank rate for compulsory medical insurance.
You still have in your hands the documents for opening a current account and a metal account (the opening amount in grams of gold will be indicated there).

In the Sberbank-Online system everything is much simpler. The main thing is to take care of the availability of funds in one of the accounts (including debit or credit cards). So you do the following:

Log in to Sberbank Online (from a computer or mobile device).
Go to the "Metal Accounts" section.
Select gold from the list of metals.
Enter the information in the form provided. Carefully read the terms and conditions and other important details of opening an account.
Confirm the purchase of gold at the current rate.

Unlike a deposit, this account is perpetual, that is, you do not need to worry about its renewal.

The only negative is that this type of account is not protected in case of bank bankruptcy. However, Sberbank certainly deserves trust, since it will be one of the last if the entire banking system suddenly decides to collapse.

In addition, by becoming a client of Sberbank, you have access to Sberbank Online, where you can, if necessary, close compulsory medical insurance at any time. In this case, the money at the exchange rate at the time of closing will be transferred to the current account, and it is already covered by the insurance program from the DIA.

Are MS profitable for investment?

Individuals planning to open metal accounts with Sberbank are wondering whether this step is beneficial for investment. To make the right decision, consider:

The degree of influence of political world and regional events on world quotes.
Spread size.
Individual characteristics of precious metals.

To make a profit, the Savings Bank of Russia offers attractive investment products: gold, silver, palladium and platinum.

Gold

Investing in gold involves little risk. But the profit percentage is low.

Important! When opening a metal account at Sberbank, take into account the gold rate. It is bought at one price and sold at another, profitable for the financial institution.

“Gold” deposits pay off in at least 6 months. It is worth knowing the concept of “liquidity”. You can quickly cash out funds at the bank if the depositor has changed his plans. But he will lose part of the interest on the profit. If you correctly predict the behavior of this financial instrument, you will have a chance to make good money if quotes rise.

Silver

Silver has shown slight volatility. But there are also short-term jumps over a certain period of time. The investor risks being left without profit or there will be income, but irregular. If we are talking about investing in silver, it is better to open a deposit where the profit is calculated as interest.

Platinum

Due to the economic crisis, platinum prices are falling sharply. In this regard, there is no demand for this precious metal.

Important! According to financier forecasts, this instrument will cease to be popular due to low production profitability, on which the characteristics and state of the world economy depend.

Palladium

This precious metal is widely used in industry and its price is rising. According to experts, its high cost is due to the complexity of extraction.