YEREVAN, July 18./ARKA/. The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week.

The gold is to be bought at 16,345.92 drams (-17.9% or 3584,58 drams from earlier this year) and sold at 17,767.3 drams (-49,81 drams);  Gold price per ounce dropped by 28% to $1192 in June, according to the World Gold Council. Prices for buying gold  this week rose by 0.76% or 115.63 drams to 15,268.40 as of 15 July, and to be sold at 16,596.09 (up by 125.69 drams). ($1 – 410.30 drams).  —0-