Precious metals keep on falling in price in Armenia

ArmInfo. During current week precious metals accelerated speed temps from 2.9% to 1.1% the previous week. While, as during the previous week, this week precious metals fell in price, except palladium, which price remains rising trend with some slowdown in temps.

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 May 8-14:   gold (small bars) - 19381.10 AMD per 1g (1.1% decline versus 1.8%  decline in previous week), silver - 259.35 AMD (2.4% decline versus  6.3% growth a week ago), platinum - 14237.69 AMD (2.6% drop versus  4% growth), and palladium - 12570.09AMD (1.7% decline versus  previous 0.4% drop).

By the data of international stock markets, as of May 12, 2017, 18:33 pm Moscow time, the spot price of 1 troy ounce of gold made up   $1230.8 (0.02%), silver - $16.48, platinum - $923 (0.11% decline versus Dec 21), and palladium - $807(0.12%).