In efforts to diversify the investment market and assets, the National Bank of Georgia is pleased to announce the launch of gold certificates and sale of gold bars, one of the most recognized investment instruments in the world. The decision was made by the NBG Board.

Lately, the demand for gold has increased significantly against the backdrop of heightened inflation and increased geopolitical risks in many countries of the world. Investing in gold is one of the best investment instruments: it is highly liquid and always in demand. Gold is also a good way to diversify savings, since the demand for it increases as other types of investments become riskier.

A gold certificate is an interest-free electronic gold-backed security. It is backed by gold bars of the same weight as the denomination of the gold certificate, kept in the NBG’s vault. The bars are pure 999.9 fine gold and are  in full compliance with international standards.

Holders of the gold certificate enjoy several advantages – they are free to sell the certificate on the secondary market, as well as cash-out it and get their gold bars kept at the NBG’s vault. Interested customers will be able to purchase gold certificates in commercial banks.