ArmInfo. The precious metals in Armenia dropped in price by 0.1% versus 0.8% growth a week before mostly due to the decline in palladium and platinum prices amid slowdown in the silver price growth and insignificant rise in gold 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 Feb 27-March 5: gold (small bars) - 19412,79 AMD per 1g (0.7% growth versus 0.02% growth in the previous week), silver - 282,33 AMD (0.4% growth versus 1.8% rise in the previous week), platinum - 15708,39 AMD (0.1% drop versus 0.4% decline in the previous week), and palladium - 12125,69 AMD (1.2% decline versus previous 2% growth).
By the data of international stock markets, as of March 1, 2017, 5:13 pm Moscow time, the spot price of 1 troy ounce of gold made up $1239.2 (no changes versus Feb 28), silver - $18.36 (0.05% growth versus Feb 28), platinum - $1020 (0.1% growth versus Feb 28), and palladium - $777 (0.13% decline versus Feb 28).
