Monday, January 25 2010 18:02

Gold falls and platinum grows in price in Armenia


ArmInfo. Thus, official price of gold (gold bullions) established for the current week (January 25 - 31) in Armenia were down 1.9% as compared to the prices for the last week and totaled 13,576.34 AMD per gram, the Depository of Precious Metals and Stones of Armenia told ArmInfo.

Ex-factory silver price was down 2.1% to 220.23 drams/g, whereas platinum price rose 1.3% to 19,525.90 drams/g, and palladium - 4.7% to 5,511.37 drams/g.


International media report that an ounce of gold at COMEX was down to the lowest level over five weeks as of Jan 22. Troy ounce at COMEX fell by another 13.5 dollars and the official price of gold for the most active futures contract month (February) fell 1.2% to 1089.7 dollars/ounce - the lowest indicator after Dec 22 2009.

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