Prices Of Precious Metals Grow By 4.08-8.7% In Armenia

PRICES OF PRECIOUS METALS GROW BY 4.08-8.7% IN ARMENIA

Noyan Tapan
Feb 6, 2008

YEREVAN, FEBRUARY 6, NOYAN TAPAN. The agency "State Treasury of
Precious Metals and Stones" of the RA ministry of finance and economy
established higher prices for purchase and sale of precious metals on
February 4-10 than the prices in the period of January 28 – February 3.

According to information on the ministry’s website, the purchase price
of a 1-gram ingot of chemically pure gold corresponding to the state
standard was established at 8,399.47 drams (about 27.25 USD), while
the sale price – at 9,129.86 drams – against 8,070.08 drams (4.08162%
growth) and 9,129.86 drams (4.08159% growth) respectively last week.

The purchase price of a 1-gram ingot of silver was established at
152.54 drams, the sale price at 165.8 drams – against 145.55 drams
(4.80247% growth) and 158.21 drams (4.79742%) respectively last week.

The purchase price of 1 gram of platinum was established at 15,536.77
drams, the sale price – at 16,887.79 drams this week – against
14,292.59 drams (8.70507% growth) and 15,535.42 drams (8.70508%
growth) last week.

The purchase price of 1 gram of palladium was established at 3,534.69
drams, the sale price – at 3,842.05 drams this week – against 3,348.19
drams (5.57017% growth) and 3,639.34 drams (5.56997% growth) last week.