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Gold buying price drops by 0.4% to 16,636 drams

YEREVAN, June 16. / 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 16, 636.33 drams (down 69.79 drams from the previous week) and sold at 18, 082.96 drams (down 75.87 drams); silver is to be bought at 225,82 drams (down 7.14 drams) and sold at 245,46 drams (down 7.75 drams); platinum is to be bought at 15 588,33 drams (up 9.7 drams) and sold at 16, 943.84 drams (up 10.54 drams); palladium is to be bought at 10,510.61 drams (down 281.69 drams) and sold at 11,424.58 drams (down 306.18 drams). ($1- 475.07 drams). -0-

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