May 16, 2011 - 15:50 AMT
Prices for precious metals go down

The State Depository of Precious Metals and Gemstones Agency at the Armenian Ministry of Finance set the government purchase and release prices per gram of chemically pure metal (standard bullion) for May 16-22, the Ministry's press office reported.

According to information provided, the set prices are as follows: Gold: purchase price: AMD 16636.17 (-130.30), release price: AMD 18082.79 (-141.63); Silver: purchase price: AMD 407.06 (-22.74), release price: AMD 442.46 (-24.71); Platinum: purchase price AMD 19703.71 (-438.00), release price: AMD 21417.08 (-476.08); Palladium: purchase price is AMD 8000.34 (-262.84), release price is AMD 8696.02 (-285.70).