Silver rate in Sberbank of Russia for today: online chart of the cost of 1 gram + dynamics of quotes

Online course schedule

A number of factors influence the price of silver. The online chart allows you to monitor price dynamics in real time.

Price of 1 gram of silver in Sberbank of Russia

Every day, based on the silver exchange rate fixed by the Central Bank of the Russian Federation and demand conditions, Sberbank of Russia sets the discount price for 1 g of silver.

Silver price per gram in unallocated metal account and physical silver in bullion

The average rates of Sberbank and the Central Bank may differ by 2-4 rubles, and the SB rate is more adapted to the Russian market, since it is Sberbank that sells the bulk of the white metal, while the rates of the Central Bank of the Russian Federation are more tied to the London market.

Silver price per gram in bullion coins

Investment coins are the most expensive way of investment. Their price per 1 g is the highest, which is associated with the costs of production, delivery, sales and storage. So, in February 2022, Sberbank sells “Silver Sable” with a face value of 3 rubles and weighing 33.93 g for 1,350 rubles. 1 g of it costs approximately 39.79 rubles. at the rate of the SB of the Russian Federation for 1 g 33.37. But over time, the value of the coin will grow faster than the rate of the metal - after 50 years, bullion coins will acquire historical value.

Price of the Central Bank of the Russian Federation

The Central Bank forms the exchange rate for cash metal based on yesterday's London spot and recalculates it in rubles at the official dollar exchange rate for today.

US futures quotes

Metals Futures prices as of June 9th, 2022 — 04:04 CDT

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

The pricing of silver is influenced by a large complex of factors. The main one is the global demand environment. Under their influence, quotes on world markets change throughout the day, but at 15:00 Moscow time the London market sets a fixing. It is this that Sberbank focuses on in the next 24 hours.

Today, lunar metal is used in various areas of modern life:

• industry;
• medicine;
• jewelry making;
• investment asset.

In recent years, there has been a decline in investment in silver mines. In addition, it is impossible to track the entry of almost half of the primary and secondary metal into the market, which affects its volatility. The energy, chemical and electronics industries are showing increasing demand for argentum.

These factors and a number of others - economic instability, crises, the threat of military action - collectively affect the silver rate on the London Metal Exchange. It serves as a reference point for banks, transactions and financial transactions around the world.

However, each bank and even divisions of one bank, based on its own assets and the needs of the local market, has the right to offer its own price, remaining within a reasonable financial corridor.

What affects the price of silver

The main threads leading to the price of a troy ounce of silver today:

• balance of supply and demand;
• Exchange Rates;
• political and economic situation.

Forecast

There are special economic formulas for predicting market behavior, but, as practice shows, even Nobel laureates in the field of economics are not always able to determine the behavior of the silver rate. To date, expert opinions in forecasting prices for 2022 differ significantly:

1. Analysts at Evromonitor Int believe that the rate of one troy ounce will be about $16 US.
2. American experts are more optimistic and predict prices in the range of 17-18 dollars.
3. The English bank HSBC believes that the silver rate will rise to $18-19 per troy ounce in 2022.
4. Weather analysts on the financial and cryptocurrency market “Cryptoprognoz” suggested an increase in the exchange rate to $24 US per ounce.

Select a tool

Basic cross-rates

• AUD/CAD
• AUD/CHF
• AUD/JPY
• AUD/NZD
• CAD/CHF
• CAD/JPY
• CHF/JPY
• EUR/AUD
• EUR/CAD
• EUR/CHF
• EUR/GBP
• EUR/JPY
• EUR/NZD
• GBP/AUD
• GBP/CAD
• GBP/CHF
• GBP/JPY
• GBP/NZD
• NZD/CAD
• NZD/CHF
• NZD/JPY

Exotic currency pairs

• AUD/SGD
• CHF/BGN
• CHF/RON
• CHF/SGD
• CHF/TRY
• EUR/CZK
• EUR/DKK
• EUR/HKD
• EUR/HUF
• EUR/ILS
• EUR/MXN
• EUR/NOK
• EUR/PLN
• EUR/RON
• EUR/RUB
• EUR/SEK
• EUR/SGD
• EUR/TRY
• EUR/ZAR
• GBP/BGN
• GBP/CZK
• GBP/DKK
• GBP/HKD
• GBP/HUF
• GBP/NOK
• GBP/PLN
• GBP/RON
• GBP/SEK
• GBP/SGD
• GBP/TRY
• GBP/ZAR
• HKD/JPY
• SGD/HKD
• SGD/JPY
• TRY/JPY
• USD/BGN
• USD/CNH
• USD/CNY
• USD/CZK
• USD/DKK
• USD/EUR
• USD/HKD
• USD/HUF
• USD/ILS
• USD/MXN
• USD/NOK
• USD/PLN
• USD/RON
• USD/RUB
• USD/SEK
• USD/SGD
• USD/TRY
• USD/ZAR

BTC/USD

How to use the chart?

Types of investments in silver

Compulsory medical insurance, COX, futures, shares - it is difficult for an ignorant person to understand the sea of ​​investments. Next, I will go into more detail about the most popular ways to invest in silver.

Compulsory medical insurance

An impersonal metal account with Sberbank allows you to invest in precious metals and sometimes receive small dividends (from 0.1 to 3%). The percentage is small, and most banks do not charge an interest rate at all when opening compulsory medical insurance.

Expert opinion

Lyudmila Pestereva

Our most experienced gold investor

Ask a Question

The advantages of such an investment are long-term income from the rise in price of the metal itself and ease of use.

Ingots

Serbank of Russia buys, sells and stores measured silver bars weighing from 50 to 1000 g. The safekeeping account (COX) offers not only the savings of your silver: it is possible to provide them with a loan or transfer the COX to a foreign currency or ruble account. This is safer than storing silver at home. But for storing physical silver in bullion, the bank will take its percentage - you trust the bank with your property and pay it for safety.

Investment coins

Their name speaks for itself. These coins do not have any special artistic value, but are made of precious metal, which determines their value. Their price directly depends on the exchange rate.

Sberbank sells investment coins of its own issue and foreign ones; it is the largest seller of coins on the Russian market. Their main advantage is that this investment asset is not taxed upon purchase.

Which investment method is more profitable?

In my opinion, the most profitable way is compulsory medical insurance. It is the most mobile and less expensive. And the benefit from investments is commensurate with investments in physical metal and can even exceed it, subject to stable growth of the exchange rate. However, here too there are certain risks in emergency economic situations. Therefore, everyone must determine for themselves which type of investment is more convenient and profitable.

I note that any investment in silver is only worth it in the long term. It will not be possible to make money on short-term fluctuations in the exchange rate due to the spread and tax policy.

Analysts' comments

Analysts at clearing house and liquidity provider Sucden Financial said in their third-quarter report: “We believe silver still has upside potential in the second half of this year, based on the continued recovery in industrial performance along with elevated inflation levels.

“However, this is unlikely to happen without problems. Interest rates as key drivers and silver's performance could be heavily impacted by interest rate movements and the success of vaccinations, as a subsequent rise in interest rates could continue to pose headwinds for silver. This is consistent with silver's historical behavior during periods when monetary policy tightens, often leading to price pullbacks."

Analysts at Jefferies have a base case forecast for silver that puts the long-term price at an average of $20 per ounce. There is a bullish scenario with a rise to $35/oz where silver averages $30/oz over the long term, and a bearish scenario where silver falls to $15/oz with no improvement thereafter.

Purchasing and storing bullion at Sberbank

Sberbank today is the largest player in the precious metals market, therefore, by closely monitoring the exchange rate, you can make a profitable investment on time. After you have decided on the subject of investment, weight, denomination, type of storage, you need to call a Sberbank branch and agree on the time of the transaction. Check to see if your nearest branch has the bullion you need.

Expert opinion

Lyudmila Pestereva

Our most experienced gold investor

Ask a Question

Upon purchase you must be given a certificate. Be sure to save it, because if lost, it will be difficult to sell the silver to the bank, even if its condition and authenticity are not in doubt.

Advantages and disadvantages

The main advantage of investing in physical silver is having the metal in your hands. The likelihood that silver will depreciate is minimal. When purchasing, you receive 999 silver from a trusted seller. The more the ingot weighs, the lower the price per gram. This is due to the high demand for ingots weighing from 50 to 500 g.

Cons: The investment will pay for itself within a year if silver increases in price by more than 30%.

This is exactly what is needed to cover taxes and the bank spread. In such a short period of time this is unlikely, but in a dozen or two years the increase in the silver rate may exceed this threshold.

Procedure for selling bullion

When selling silver, there are certain rules and regulations, which you should inquire about in advance on the Sberbank website or by phone. In general terms they are as follows:

1. The sale of silver to the bank is carried out only in the presence of the client with a passport.
2. A certificate, a silver purchase agreement, and original packaging make the transaction easier.
3. When concluding a sale transaction, control weighing is required, and the scales must be within the seller’s visibility range.
4. Sales of silver bullion are subject to tax.

Selling a bullion purchased from another bank

Sberbank accepts silver purchased from other banks in Russia at the standard rate, subject to storage standards, integrity of packaging and availability of a certificate. Regarding foreign silver bars, it is necessary to clarify individually: the refining of some countries does not comply with Russian GOST.

Country overview

A large number of mints and refiners around the world produce silver bars in different shapes, sizes and designs.

goodfon.ru/ Ivan-chirko

When determining the price, they are guided by current quotes per ounce.

Table 3. Cost of a 1 ounce bar at 16:40 on March 23

Source: silverprice, exchange rates as of March 23 – kurs-dollar with reference to Forex

• Great Britain.

The Royal Mint produces three types of silver bars that are the perfect addition to any portfolio or collection: 100g, 500g and 1000g. They are made from 999 fine metal. Each is stamped with The Royal Mint logo, as well as weight, year of manufacture and serial number.

• Canada.

The Royal Canadian Mint (RCM) is respected throughout the world. It produces some of the finest silver bullion. RCM produces various types of them. The most popular is 10 ounces, with mid-range sizes ranging from 100 to 1000, each with the RCM logo and the serial number, weight and purity.

• Australia.

The Perth Mint is the country's largest precious metals production facility. The quality of Perth Mint products is of the highest standards.

The 1 oz 999.9 Fine Silver Kangaroo Bar is an elegant bar with the Perth Mint logo and weight and purity notes.

Photo: Kangaroo ingot

The silver bar will remain a symbol of reliability for a long time, and its investment potential will be high. According to GOLDPRICE, their prices today are among the best among precious metals.

Author: Demidova Marina. April 7, 2022.

Taxes and restrictions on acquisition

When purchasing silver bullion bars, you must pay VAT. All responsibility for paying tax lies with the buyer. When selling the bullion back to the bank, the tax is not returned; moreover, if the bullion has increased in price, you will also have to pay personal income tax.

But not everyone knows that paragraph 1 of Article 5 of the Law of the Russian Federation dated December 6, 1991 No. 1992-1 “On Value Added Tax” exempts from personal income tax the turnover of the Bank of Russia and specially authorized commercial banks for the sale of precious metals in bullion, provided that these the bullion remains in one of the certified storage facilities.

Thus, in order not to have to pay VAT, you do not need to take the bullion out of the bank, but transfer it to a safekeeping account.

How to open compulsory medical insurance in SB: step-by-step instructions

Opening an impersonal metal account with Sberbank is easy. For its clients, Sberbank provides the opportunity to open compulsory medical insurance in its online account. The Security Council of the Russian Federation provides such a service even to minors in the presence of parents or persons replacing them. To get started, clarify all the points you are interested in by phone. When you come to the nearest representative office, contact an available employee with a wish to open compulsory medical insurance. The following are a few simple steps:

1. State the amount for which you want to open an account.
2. Show your identification (passport).
3. Fill out the application, indicating the method of savings.
4. Read the agreement carefully and sign it.
5. The employee will give you all the information about the account you opened, the principles for calculating profits and your copy of the agreement.
6. Transfer money to compulsory medical insurance - in cash, from account to account or by card.

Conclusion

The world of investing in precious metals may seem distant and forbidding, but if you spend a little time and delve into the essence, you can understand all the advantages and disadvantages and gain some financial stability.

Experts advise investing in different areas and not putting all your eggs in one basket. Thus, the recommended amount of silver for savings is about 10% of the total investment portfolio. I hope today it has become a little clearer to you how the silver rate is formed at Sberbank.

Subscribe to our updates on social networks and don't forget to recommend us to your friends.