State Depository reduces prices on precious metals by 1.6%

ArmInfo. The State  Depository of Precious Metals and Precious Stones has reduced the  prices on precious metals by 1.6% (versus 0.8% growth a week before).  All the precious metals demonstrated decline in the current week:  silver and platinum registered drop following previous growth, while  decline rates of gold accelerated. 

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 December 19-25:   gold (small bars) - 17861.03 AMD per 1g (1.8% decline versus 0.2%  decline in previous week), silver - 259.03 AMD (1.2% decline versus  2.7% growth a week ago), platinum - 14355.64 AMD (1.3% drop versus  2.9% growth), and palladium  - 11232.74 AMD (1.9% decline versus  previous 2.2% drop).

By the data of international stock markets, as of December 22, 2016,  5:07 pm Moscow time, the spot price of 1 troy ounce of gold made up   $1129.6 (0.04% decline versus Dec 21), silver - $15.88 (0.06% decline  versus Dec 21), platinum - $912 (0.11% decline versus Dec 21), and  palladium - $659 (0.15% decline versus Dec 21).