YEREVAN. – State Treasury of Precious Metals and Stones Agency of the Armenian Ministry of Finance set the following prices for one gram of pure metal for the period from May 13 to 19.

Gold: Purchase AMD 17,871.37 (-108.67), sale AMD 19,425.40 (-118.12);

Silver: Purchase AMD 291.87 (-3.29), sale 317.25 (-3.58);

Platinum: Purchase AMD 18,356.54 (+26.11), sale AMD 19,952.76 (+28.38); and

Palladium: Purchase AMD 8,511.63 (+26.24), sale AMD 9,251.77 (+28.52).

In the international market, gold prices dropped in parallel with the US dollar gaining value. Most market analysts believe that the gold prices will continue to drop this week, too.

On Monday, gold was negotiated at about $1,420 per troy ounce (31.1 gram) at the London Stock Exchange.