Wednesday, February 15 2017 20:06
Alina Hovhannisyan

State Depository of Armenia increased prices on precious metals by 2.1%

State Depository of Armenia increased prices on precious metals by 2.1%

ArmInfo. In Armenia, the prices of precious metals increased by 2.1%, against 0.8% growth in previous week. The rise in price was due to the rise in prices of precious metals, the sharper dynamics demonstrated palladium, replaced negative vector to positive.

The State Depository of Precious Metals and Precious Stones of the Armenian Ministry of Finance has told ArmInfo that the following selling prices have been set for precious metals for 13-19 February:  gold (small bars) - 19281,75 AMD per 1g (2.2% growth versus 0,5% growth in previous week), silver - 276,50 AMD (1,8% growth slackening versus 2.4% growth a week ago), platinum - 15796,34 AMD (1%  growth versus 22% growth), and palladium  - 12028,58 AMD  (2.6%  growth versus previous 0.9% decline).

According to international exchanges, on February 7 2017 at 17: 17 Moscow time, the spot price of an ounce of gold was $ 1221.7 (daily decline in 0.07%), silver - $ 17.92 (daily decline of 0.06%), platinum - $ 1010 (without daily changes), and palladium - $ 784 (daily increase of 1.3%).

Yesterday gold enjoyed moderate demand. However, its quotes have remained within a narrow range, limited resistance around $1235 per ounce and support at around $1220. Yesterday's speech of Janet Yellen increased the likelihood of further tightening of Fed interest rate, against which the US dollar was able to gain a foothold, and gold came under pressure. However, its decline was still limited to the above- mentioned support. According to Traders Union analysts, the implementation of this support will allow the bears to test the 12th figure, the loss of which would reduce to support at around $1180 per ounce. In case of strong inflationary data today across US,  gold will continue to decline; on weak data it is possible to increase to $1235- $1240 per ounce.

Silver traded mixed yesterday. Prior to the speech of the Fed's Janet Yellen his quotes have risen to a hight of $18.07 an ounce, and after the performance declined, approaching the support at around $17.70.  Thus, the consolidation continues in a narrow range; on the publication of inflation data in US, the possible way out of the range in either direction.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000