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ARMENIAN GOLD EXPORTS UP 62% IN JAN-SEPT
Interfax
Nov 21 2011
Russia
Armenia exported 1,606 kilograms of gold in January-September 2011,
versus 988 kg in the same period last year, or 62% more, the republic's
Customs Service reported.
The customs value of exported precious metals for the period rose
2.5-fold year-on-year to $43.137 million.
The Armenian Economic Ministry told Interfax that high growth rates in
gold exports were caused by a rise in world gold prices and favorable
market conditions.
Gold imports into Armenia totaled 1,198 kg for $60.967 million (971
kg for $36.665 million a year earlier).
Armenia exports Dore gold with Au content of up to 92%, and does not
produce pure gold.
From: A. Papazian
Interfax
Nov 21 2011
Russia
Armenia exported 1,606 kilograms of gold in January-September 2011,
versus 988 kg in the same period last year, or 62% more, the republic's
Customs Service reported.
The customs value of exported precious metals for the period rose
2.5-fold year-on-year to $43.137 million.
The Armenian Economic Ministry told Interfax that high growth rates in
gold exports were caused by a rise in world gold prices and favorable
market conditions.
Gold imports into Armenia totaled 1,198 kg for $60.967 million (971
kg for $36.665 million a year earlier).
Armenia exports Dore gold with Au content of up to 92%, and does not
produce pure gold.
From: A. Papazian