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Gold buying price in Armenia down by 1.8 percent

YEREVAN, December 26. /ARKA/. The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from December 19 to December 25, 2016. The new prices were for one gram of chemically pure metals.

The gold was to be bought at 16,432.15 drams (303.03 drams down from the previous week) and sold at 17,861.03 drams (down 326.41 drams);

silver was to be bought at 238.31 drams (down 2.82 drams) and sold at 259.03 drams (down 3.07);

platinum was to be bought at 13,207.19 drams (down 179.66 drams) and sold at 14,355.64 drams (down 195.28 drams) and palladium was to be bought at 10,334.12 drams (down 200.96 drams) and sold at 11,232.74 drams (down 218.43 drams). ($1- 482.14 drams). -0-

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