Tuesday, October 25 2016 19:01
Alina Hovhannisyan

Gold price rises amid falling prices of other precious metals

Gold price rises amid falling prices of other precious metals

ArmInfo. Prices on  precious metals have dropped by 1.1% this week versus 3.1% decline in  previous week, as gold price increased amid falling prices of silver,  platinum, and palladium.  

The State Depository of Precious Metals and Precious Stones of the  Armenian Ministry of Finance has told ArmInfo that the following  selling prices have been set for precious metals for October 24-30:  gold (small bars) - 19305.06 AMD per 1g (0.2% growth after previous  week's 1.4% decline), silver - 268.52 AMD  (0.1% decline versus the  previous week's 1.4% decline), platinum - 14310.08 AMD  (1.6% decline  versus previous week's 3.7% decline), and palladium  - 9709.56 AMD  (2.8% decline versus 4.3%decline during the  previous  week).

By the data of international stock markets, as of October 25, 2016,  5:33 pm Moscow time, the spot price of 1 troy ounce of gold made up    $1270.4 (0.03% growth versus October 24), silver - $17.76 (0.06%  growth versus October 24), platinum - $964 (0.1% growth versus  October 24), and palladium - $639 (no changes versus October 24).