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Argentina Removes Gold Purchase Limits as Global Prices Hit Record Highs

The central bank's deregulation allows unrestricted gold buying locally, while international prices surge past $3,500 per ounce driven by geopolitical uncertainty and central bank demand.

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Ahora el público también podrá comprar oro sin cupos mensuales.
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Overview

  • Argentina's central bank lifted the $200 monthly cap on gold purchases, treating gold as foreign currency under new deregulation policies.
  • Banco Ciudad is currently the only institution offering certified 999 fine gold bars and a custody service called 'Oroguar.'
  • Local gold prices are approximately ARS 144,000 per gram, with increased demand anticipated for safety-deposit services.
  • Global gold prices have surpassed $3,500 per ounce, reflecting a 30% rise in 2025 amid geopolitical tensions and economic uncertainty.
  • Central banks are purchasing gold at record levels, averaging 80 tonnes monthly, with February alone seeing 106 tonnes acquired.