gold purchase

NBS gains right of first refusal on domestic gold and precious metals

The Governor of the National Bank of Serbia (NBS), Jorgovanka Tabaković, announced in parliament that proposed amendments to the Law on the National Bank of Serbia grant the central bank the right of first refusal for purchasing gold and other precious metals produced in Serbia. Under the new law, producers will be obligated to offer gold, silver, and other precious metals to the NBS at market prices. Tabaković assured that the amendments would not harm competitiveness but emphasized that this…