YEREVAN, August 14. /ARKA/. Last Monday gold prices went up amid the positive expectations that the ECB may launch additional measures for European economy aid. Indeed, ECB Governing Council member Ardo Hansson’s comments about the “significant” volume of bond-buy, encouraged the market members. Moreover, the growth of the principal currency pair also raised demand for the precious metals.

However, since Tuesday and till the week’s out, gold prices were teetering due to lack of economic data. Trades were also low touched off, in our opinion, by the seasonal factors.

Nevertheless, on Friday, August 10, gold quotes rose as the USA published weak data on import price index. As a result, the investors hoped the Federal Reserve will launch new stimulation measures of the American economy. Thereby, gold prices rose by 0.89% to 1,619.48 USD per troy ounce last week.

Categories: Analytics, Economy @en, News | Comments Off on Metals market: Gold and Copper prices surge amid new stimulation expectations

Tags: Analytics, Armenia, Metal market

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On the first day of the last trading week gold prices rose as the USA issued weak economic data, what, in turn, inspired the market members that the American regulator may turn to the new stimulation measures.

Categories: Analytics, Economy @en, News | Comments Off on Metal market: gold and copper prices jump as progress hits Europe

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Last week the cost of USD at NASDAQ OMX Armenia stock exchange dropped by 0.14% to 418.61 drams as overall weekly trading amounted to $14.10 million, a 5.70% upward over the previous week.

Categories: Analytics, Bonds.am @en @en, Exchange market, News | Comments Off on Armenia: Forex market review, June 25-29

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Last week the cost of USD at NASDAQ OMX Armenia stock exchange climbed by 1.05% to 419.18 drams as overall weekly trading amounted to $13.34 million

Categories: Analytics, Exchange market, News | Comments Off on Armenia: Forex market review, June 18-22

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Last week, the average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange rose by 0.54% to 394.47 drams with overall trading amounting to 11.45 million U.S. dollars

Categories: Analytics, Bonds.am @en @en, Exchange market, News | Comments Off on Armenia: Forex Market review for May 7-11

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YEREVAN, May 2. /ARKA/. Last week, the U.S. dollar’s average exchange rate at NASDAQ OMX Armenia stock exchange dropped by 0.08% to 392.00 drams. The weekly trading amounted to 13.235 million U.S. dollars, which was 0.04 % less compared to the week earlier. The average selling rate of cash dollar lost 0.04% and on Sunday, […]

Categories: Analytics, Exchange market, News | Comments Off on Armenia: Forex market review for April 23-28

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Quotes for precious metals were under the pressure last week. Prices for gold lowered due to U.S. dollar’s strengthening and growing concerns on the situations at European credit markets.

Categories: Analytics, Economy @en, News | Comments Off on Metal market: U.S. Federal Reserve to set quotes for precious metals

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Metal market: Bernanke’s comments result in gold and copper quotes upturn.

Categories: Analytics, Economy @en, News | Comments Off on Metal market: Bernanke’s comments result in gold and copper quotes upturn

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Gold trading was carried out quite actively last trading week, however no price tendency was concluded

Categories: Analytics, Economy @en, News | Comments Off on Metal market: Economic forecast downgrade for eurozone and china pressures gold and copper quotes

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U.S. dollar’s average exchange rate at NASDAQ OMX Armenia stock exchange fell last week by 0.37% to 388.73 drams.

Categories: Analytics, Insurance market, News | Comments Off on Review of Armenian forex market on march 12-17

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