ArmInfo. Prices on precious metals have dropped by 3.9% versus 0.3% growth in previous week, which is mainly determined by accelerated reduction of silver and platinum prices at the background of negative dynamics of gold and palladium prices.
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 10-October 16: gold (small bullions) - 19534.12 AMD per 1g (3.5% decline versus the previous week's 0.4% growth), silver -277.17 AMD (5.6% decline versus the previous week's 0.9% decline), platinum - 15110.95 AMD (3.9% decline versus previous 0.6% decline), and palladium - 10440.98 AMD (2.6% decline versus 2.4% growth during the previous week).
By the data of international stock markets, as of October 11, 2016, 3:17 pm Moscow time, the spot price of 1 troy ounce of gold made up $1255.9 (0.03% growth versus October 10), silver - $17.68 (0.11% growth versus October 10), platinum - $961 (no changes versus October 10), and palladium - $662 (no changes versus October 10).
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