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AMERIABANK OFFERS GOLD METAL ACCOUNTS
ArmInfo
2011-01-27 14:16:00
ArmInfo. Ameribank offers a service of gold metal accounts (999.9
standard fine gold) to private and corporate customers, Ameriabank
press-service told ArmInfo.
The source reports that metal accounts make it possible for customers
to save their funds on non-cash gold accounts. It is an alternative
way to diversify savings and increase them thanks to the growing
gold price in the world market. Gold metal accounts make it possible
reducing the influence of instable market (fluctuations in the current
market). The global economic crisis showed that gold is the leading
financial instrument especially in case of instable financial market.
Gold accounts are not subject to loss or damage and possible fraud
with the gold standard. Non-cash gold ensures high level of liquidity
i.e. a customer can sell it to the bank at any moment and receive
cash calculated by the effective rate of exchange.
A metal account with the bank is opened commission-free. It requires
a minimal account balance. The account size and term is not restricted.
Only the standard and weight of gold is specified when making a deal.
The spot price for gold (AM Gold Fix) in London on January 25 2011
fell by $21.5 or 1.6% to $1,326 versus the previous trading day. Gold
futures on the CME Globex electronic trading platform range between
$1325-1327.4 per ounce. The latest data of the State Treasury of
Precious Metals and Stones, Ministry of Finance of Armenia (for Jan
24-30 2011) say the ex-factory price of gold (bullions) is 16062.29
drams, which is 0.3% lower than in the previous week, but 0.1% higher
than in early 2011.
The majority shareholder of Ameriabank is TDA Holdings Limited
affiliated with Russian Troika Dialog with 99.99%.
From: A. Papazian
ArmInfo
2011-01-27 14:16:00
ArmInfo. Ameribank offers a service of gold metal accounts (999.9
standard fine gold) to private and corporate customers, Ameriabank
press-service told ArmInfo.
The source reports that metal accounts make it possible for customers
to save their funds on non-cash gold accounts. It is an alternative
way to diversify savings and increase them thanks to the growing
gold price in the world market. Gold metal accounts make it possible
reducing the influence of instable market (fluctuations in the current
market). The global economic crisis showed that gold is the leading
financial instrument especially in case of instable financial market.
Gold accounts are not subject to loss or damage and possible fraud
with the gold standard. Non-cash gold ensures high level of liquidity
i.e. a customer can sell it to the bank at any moment and receive
cash calculated by the effective rate of exchange.
A metal account with the bank is opened commission-free. It requires
a minimal account balance. The account size and term is not restricted.
Only the standard and weight of gold is specified when making a deal.
The spot price for gold (AM Gold Fix) in London on January 25 2011
fell by $21.5 or 1.6% to $1,326 versus the previous trading day. Gold
futures on the CME Globex electronic trading platform range between
$1325-1327.4 per ounce. The latest data of the State Treasury of
Precious Metals and Stones, Ministry of Finance of Armenia (for Jan
24-30 2011) say the ex-factory price of gold (bullions) is 16062.29
drams, which is 0.3% lower than in the previous week, but 0.1% higher
than in early 2011.
The majority shareholder of Ameriabank is TDA Holdings Limited
affiliated with Russian Troika Dialog with 99.99%.
From: A. Papazian