PRICES OF GOLD, PLATINUM AND PALLADIUM RISE, SILVER PRICE FALLS

Noyan Tapan
Feb 27, 2008

YEREVAN, FEBRUARY 27, NOYAN TAPAN. The prices of gold, platinum and
palladium fixed by the "State Treasury of Precious Metals and Stones"
of the RA ministry of finance and economy are higher for February 25 –
March 2 than the prices for February 18-24, while the price of silver
has declined.

According to information on the ministry’s website, the purchase
price of a 1-gram ingot of chemically pure gold in line with state
standard was fixed at 8,394.73 drams (27.3 USD), sale price – at
9,124.71 drams this week – against 8,383.69 drams (0.13168% growth)
and 9,112.71 drams (0.13168% growth) respectively last week.

The purchase price of 1 gram of silver is fixed at 158.44 drams, sale
price – at 172.22 drams for Feruary 25 – March 2 – against 158.87 drams
(0.27066% fall) and 172.69 drams (0.27216% fall) last week.

The purchase price of 1 gram of platinum is fixed at 19,347.22 drams,
sale price – at 21,029.59 drams this week – against 18,030.37 drams
(7.30351% growth) and 19,598.23 drams (7.30352% growth) last week.

The purchase price of 1 gram of palladium was fixed at 4,368.55
drams, sale price – at 4,748.42 drams this week – against 4,040 drams
(9.20283% growth) and 4,348.26 drams (9.20276% growth) respectively
last week.