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Price gold in Armenia drops by 2.9 percent

YEREVAN, May 20 / ARKA /. The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The new prices are for one gram of chemically pure metals.

The gold is to be bought at 17, 342.93 drams (a 2.9 percent decline) and sold at 18,851.01 drams (-574.39 drams); silver is to be bought at 283.23 drams (-8.64) and sold at 307.86 drams (-9.39); platinum is to be bought at 18,313.89 drams (-42.65) and sold at 19,906.40 drams (-46.36); palladium is to be bought at 8,907.49 drams (+395.86) and sold at 9,682.05 drams (+430.28). ($1 – 417.16 drams). -0-

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