Gold And Silver Prices Fall, Platinum And Palladium Prices Grow In A

GOLD AND SILVER PRICES FALL, PLATINUM AND PALLADIUM PRICES GROW IN ARMENIA THIS WEEK

Noyan Tapan
Feb 13, 2008

YEREVAN, FEBRUARY 13, NOYAN TAPAN. The purchase and sale prices of gold
and silver, which were established for February 11-17 by the agency
"State Treasury of Precious Metals and Stones" of the RA ministry
of finance and economy, are lower that gold and silver prices for
February 4-10, while platinum and palladium prices are higher.

According to information on the ministry’s website, the purchase
price of 1 gram of chemically pure gold in line with state standard
is established at 8,299.11 drams (about 26.79 USD), the sale price –
at 8,944.68 drams for February 11-17 – against 8,399.47 drams (2.02822%
fall) and 9,129.86 drams (2.02829% fall) respectively last week.

The purchase price of 1 gram of silver is 152.36 drams, the sale
price is 165.61 drams for February 11-17 – against 152.54 drams
(0.118% fall) and 165.8 drams (0.1146% fall) respectively last week.

The purchase price of 1 gram of platinum is established at 16,526.44
drams, the sale price – at 17,963.52 drams this week – against
15,536.77 drams (6.36986% growth) and 16,887.79 drams (6.36987%
growth) respectively last week.

The purchase price of 1 gram of palladium is established at 3,845.93
drams, the sale price – at 4,180.36 drams this week – against
3,534.69 drams (8.8053% growth) and 3,845.02 drams (8.80546% growth)
respectively last week.