Gold and silver ring performance for the week ending the 22nd at 1,405 stone.
Gold funds have attracted real money since the early 1980s.
In the week that ended on November 22, 1,405, the gold ring was accompanied by a drop in the price of the precious metals in the world markets, under the influence of the strengthening of expectations, the contraction of the American monetary policy and the increase in the yield of the treasury bonds.
This week gold and silver ounces fell by 4.6% and 6.1%, respectively, and both metals posted negative weekly returns after growth the previous week. In the local market, despite the 0.5% increase in the dollar exchange rate, 18 carat gold and certificates of deposit based on gold and silver faced a price drop.
In the investment funds sector, the net asset value of the gold funds reached approximately 954 hemats and the total real money inflow into these funds has exceeded 80 hemats since the beginning of the year.
Full report.