ArmInfo. In 2016 precious metals grew in prices by 10.1% in Armenia with palladium prices growing the most (19.3%), then goes silver (11.3%) at this background gold and platinum demonstrated moderate dynamics-5.4% and 4.5% respectively. However, in the last week of the year the precious metals dropped in prices by 4.2% (versus 1.6% decline a week ago), silver and palladium demonstrating the sharpest decline.
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 26-January 1: gold (small bars) - 17554.72 AMD per 1g (1.7% decline versus 1.8% decline in previous week), silver - 245.89 AMD (5.1% decline versus 1.2% decline a week ago), platinum - 14136.34 AMD (1.5% drop versus 1.3% decline), and palladium - 10293.69 AMD (8.4% decline versus previous 1.9% drop).
By the data of international stock markets, as of December 29, 2016, 1:07 pm Moscow time, the spot price of 1 troy ounce of gold made up $1148.9 (0.01% decline versus Dec 28), silver - $16.24 (0.06% decline versus Dec 28), platinum - $909 (with no changes versus Dec 28), and palladium - $674 (with no changes versus Dec 28).