Thursday, June 9 2016 18:40
Alina Hovhannisyan

Drop of precious metal prices in Armenia slackened from 4% to 1.4% due to positive trend of palladium prices

Drop of precious metal prices in Armenia slackened from 4% to 1.4% due to positive trend of palladium prices

ArmInfo. The precious metals continue to drop in prices but the drop rates have slackened. Thus, precious metals dropped in prices by 1.4% in current week versus 4% drop in pervious week. The drop rates slackened mainly due to prices on palladium, which sharply changed downward trend to upward one, amid insignificant slackening of drop of prices on gold, silver and platinum.

 
The State Depository of Precious Metals and Precious Stones of the Armenian Ministry of Finance has told ArmInfo that the following selling prices were set for precious metals for June 6-June 12: gold (small bullions) - 18696,93 AMD per 1g (slackening of drop from 2.8 to 1.1%), silver - 246,20 AMD (slackening of drop to 1.7% from previous 3.6%), platinum - 14920,25 AMD (drop slackened to 3% from previous 3.3%) and palladium - 8351,71 AMD (0.3% growth from previous 6.1% drop).
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