Ukrainian investors had changed their preference from the financial crisis. Instead of what would take to the bank hryvnia or U.S., they invest in gold bullion. Because of this, the demand for the precious metal increased by 3-4 times, but bankers fear that gold is not enough at all. Investing in gold. Over the past month depositors withdrew their deposits from about 23 billion hryvnia in advance. Some amount of money in the end, they returned back, something hidden "under the pillow", and those of the contributors who did not wish to accept the terms of Ukrainian banks are buying gold. Larissa Root - Head of passive operations in the Diamantbank "said:" Investors, dissolving prematurely deposit agreement in October 2008, is now engaged in the mass buying of gold. " Head of the Treasury "Industrialbank Alexander Fomin:" Due to the active withdrawal of depositors funds from deposit accounts and bids them "yellow metal", there was strong growth in demand for it. " Since the beginning of the year "Pravex bank" for example, sold the precious metals since the beginning of the year is already more than 23 tons. And for the same period last year, this same bank was sold about 3 times less. Such as sales volume this year, he had no further than ever before. Natalia Andreeva - head of non-commercial operations of Express Bank: "The demand for precious metals has increased dramatically since the beginning of October. This was due to the fact that the population in relation to the current financial market situation began to turn to alternative methods to preserve their savings. " Increased sales of precious metals and Diamantbank "- three and a half times compared to the previous month in 2008. "Brokbiznesbank" sold 800 kg of gold for October - 3 times more than last year. Bank "Forum" has increased from last year to sell the yellow metal twice, realized 47 pounds. Golden Mountains. In 2007, the owners of gold bullion, gathering dust in their caskets, earned up to 40% over the year growth of prices for precious metal. Feeling that the demand for gold is growing, banks began to offer its customers bought the metal to give them the deposit with interest. So that except for income from rising prices for gold, you can also earn an additional 5-6% per annum on its storage in the banks. Today, no fewer than a dozen banks accept deposits in gold metal. "Diamantbank" offered its clients a contribution to one of the last. But his interest rate is 6% per annum - the highest to date. What would make a contribution, you must have a bar weighing at least 50 grams - less weight bars are not accepted. Just fifty-gram bars can be given in Rodovid Bank but at 5% per annum and "Privatbank" offers 5.5%. On the choice of the owner of the 50 gram ingot ends, as other banks do not accept bullion less than 100 grams. With such a weight bar can be given in the "Finance and Credit", "Nadra" at 5% per annum. «VAB Bank, Megabank offer for Gold 2% per annum. Ukrsotsbank also offers 2%, but the bars should be weighing at least 200 grams. Ukrgasbank takes 250 gram bars at 5.25%. But the instant profit from buying the precious metals should be expected - earnings have to wait at least a couple of years. Andrew Zagvozdina, Treasurer of Express Bank, explains - "This investment of money - long term. It should be noted that the difference in price when buying and selling of precious metals - rather large. For example, if a bar of gold worth 240 hryvnia, - sell it back you can have only 160 hryvnia. That would at least recoup the costs of purchase, you must wait until the price of gold will rise by 30%. A larger bar, the smaller the difference in price when buying and selling. 250 grams of bullion banks sold 25% more expensive than buy. And if the bar weighs 1 kilogram, then the difference is 20%. "All the bars are not enough. For the purchase of bullion investor need from 10 to 50 thousand hryvnia. Bankers say that the ingots weighing 100 and 250 grams of high demand. Population withdraws funds from its cash deposits and actively buys them gold, protected against inflation and the devaluation of the hryvnia. Bankers meanwhile, talk of a shortage of gold. Larissa Root notes that a shortage of gold bars ceases particularly acute, given that gold imports to Ukraine dropped significantly. This occurs because of an increase in demand for gold in the world. Because of this, Ukraine's application for the supply of the precious metal is performed only after 3-4 months. We can confidently say that if things go on the shortage of metal in the bank reaches a critical level. Since its reserves are already depleted by 70%. In addition, due to the scarcity of precious metals, its price can greatly increase. Alexander Fomin sure that such a stir, sooner or later provoke a jump in gold prices. For example, until November the price of yellow metal just fell. In March it rose to $ 1000 per ounce (about 31 grams) in October, the price has fallen by 30% - to $ 692. Because of rising dollar price of gold in the Ukraine also rose. National Bank lifted the gold price to a maximum of one year - 177 hryvnia per gram. After that, banks started to raise the price of bullion. From the beginning, the price of the precious metal rose by 30%. For one gram of gold bankers asked already about 240 hryvnia. Although at the beginning of the year the price was 167 hryvnia. But bankers are confident that this is not the limit. The bank "Forum" show - "The cost of precious metals increases every year." Depositors, changed the cash savings on gold bullion, will earn this year to 15% on the growth of its price. Gold prices are growing rapidly right now and how ection experts, this trend is not going to disappear. On the London Stock Exchange price of gold is 812-815 dollars. Until the end of the year the price could be at least $ 840. According to the bankers, investment in precious metals - by now the most reliable way to save their savings, which were under threat because of the hryvnia depreciating and inflation.
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