Sat, 1 February
-2.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img
type here...

Tag: Metal market

Metals market: Gold and Copper prices fluctuate depending on US data

Economy
Last week gold trading was marked by considerable volatility because of a string of important events which could change the mood of investors. The U.S.

Metal market: Gold and Copper prices May down, U.S. federal reserve’s protocols are in limelight

Interviews
Gold quotes dropped last week pressured by the concerns of the dealers about quantitative stimulus program’s terms. This asset appeared to show a three-week non-stop negative dynamics

Metal market: Gold and Copper quotes remain vulnerable

Banks
Gold prices were mostly climbing last week, however, no definite dynamics was reported. The highest increase was demonstrated in the middle of the week after the USA released its macroeconomic statistics which highlighted US economic slowdown. According to the statistics, the U.S. GDP in the first quarter rose by 2.4% whereas last month it was anticipated at 2.5%. Moreover, weaker than expected labor statistics from America drove the investors to calm down around the quantitative stimulus program terms

Metal markets: Hedge funds selling gold, downturn potential still exists

Interviews
The World Gold Council released on Thursday, May 16, the global gold demand and supply statistics. According to the statistics, the global gold demand slipped in the first quarter by 13.05% to 963.0 tons, from a year earlier, and by 18.95%, compared to the previous quarter

Metal market: U.S. labor statistics shake up metal markets

Economy
Gold prices were mainly rising last week, however, no stable dynamics was again reported. Physical purchases continued supporting the asset. In addition, mixed macroeconomic statistics of the largest economy and weaker positions of the USD made gold more attractive

Metal market: Gold and Copper quotes to dive

Economy
The prices for gold were teetering during the past five trading days amid the curbed activity of investors and concerns around the U.S. budget sequester. In addition, strong USD and no data which could influence the quotes brought up no optimism as well

Metals market: Gold prices likely to dive

Interviews
Gold prices climbed early last week as investors were getting more reluctant to take risks amid controversial economic records from the US and eurozone as well as renewed concerns around financial and political situation of the latter

Metals market: Gold and copper quotes dive amid charles plosser’s statement

Interviews
Gold prices slightly tumbled last week as the American regulator published last Thursday its December session protocols. As a result, the quotes of the precious metal reached their week minimum of 1,642.69 USD per troy ounce

Metals Market: Investors disappointed with concerning talks over U.S. budget

Interviews
Gold quotes dropped significantly last week amid concerns about “budget breakdown” in the U.S. The price for gold tumbled to the new minimum of 1,635.17 USD per troy ounce recording the lowest result over the last four months

Metals market: Risks for gold and copper cost drop touched off by U.S. statistics

Interviews
Last week the gold quotes were pressured amid the political battles between the U.S. legislators over the so-called “budget breakdown,” expenditures cuts and tax increases to be embarked early next year

Metal market: Precious metals’ cost jumped, ecb meeting is in spotlight

Economy
On Tuesday, September 4, the cost of precious metals increased however reporting no definite trend at the gold market

Metals market: Gold and Copper prices surge amid new stimulation expectations

Economy
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

ArmBanks.am - ARKA News Agency financial-banking portal
The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.

Sections

Latist news

ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

Subscribe to the newsletter

By subscribing to the newsletter, you agree to the service rules and the terms of storage and use of your data.

Subscribe to the newsletter

© 1996-2025 ARKA News Agency. All rights reserved