YEREVAN, January 29./ARKA/. On Wednesday, Armenian Finance Minister David Sargsyan, denying media reports that the government is selling precious metals and stones from the State Depository for Precious Metals, said that there was no such a decision.

On January 23, the government decided not to sell precious metals and precious stones from the state depository.

Sargsyan said that the government has never sold anything from the depository. He also said that 89 kilograms of gold are kept here now. Of them 14 kilograms are bank bullions, and the remaining gold is scrap gold that has been seized from criminals or smugglers.

Categories: Economy @en, General news, News, News of the hour | Comments Off on Minister: no decision for selling precious metals from state depository

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Armenia’s finance minister David Sargsyan has denied today media reports that the government is going to sell state-owned precious metals and stones

Categories: Economy @en, General news, News, News of the hour | Comments Off on Armenia not to sell state-owned precious metals and stones

Tags: Armenia, metals, stones

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From 24 to 28 June, the gold quotes were further tumbling amid rather negative dynamics of a week earlier

Categories: Analytics, General news, News | Comments Off on Metal market: gold and copper prices tumble, U.S. macro-statistics is in limelight

Tags: cropper, gold, MARKET, metals

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The gold quotes were pressured last week as the investors were more risky amid a record high jump of the American stock indices

Categories: Analytics, Economy @en, General news, News | Comments Off on Metal market: gold and copper prices drop, U.S. Federal Reserve’s protocols are in limelight

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We didn’t note again any stability in the dynamics of the gold prices over the past five trading days. Most of the time, the investors were restricting themselves as the better than forecasted U.S. labor statistics

Categories: Analytics, Economy @en, General news, News | Comments Off on Metal market: gold and copper prices were not stable

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Prices of precious assets, including gold, were rising from 22 to 26 April. Gold quotes increased in three out of five trading sessions mainly due to physical purchases at low prices

Categories: Analytics, Economy @en, News | Comments Off on Metal market: metals recover after negative dynamics

Tags: Analytics, Armenia, gold, metals

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Last week gold prices tumbled to record low 1,320.84 USD per troy ounce over the two years. Most severely they fell on Monday, April 15

Categories: Analytics, Economy @en, News | Comments Off on Metal market: gold and copper prices down losing investment support

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Last week the gold quotes were pressured amid the political battles between the U.S. legislators

Categories: Analytics, News | Comments Off on Metals market: gold and copper prices fluctuated amid U.S. statistics

Tags: metals, USA

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Last week the gold quotes rose to a new six-week maximum of 1,754.28 USD per troy ounce amid the hike of stock indices and some other commodities assets, as well as up in investment sentiments as the U.S. “budget breakdown” became unlikely to happen

Categories: Analytics, News | Comments Off on Optimistic comments by EU leaders raised metal quotes

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The investors abstained from making big deals early last week as Sandy hurricane hit New York forcing the Wall Street to close from Monday to Wednesday

Categories: Analytics, News | Comments Off on Market of metals: gold and copper prices fall amid U.S. labor market data

Tags: copper, gold, metals, prices, USA

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