Armenian state depository of precious stones and metals agency sets new prices

YEREVAN, December 12. /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 from December 12 to December 18. The new prices are for one gram of chemically pure metals.

The gold is to be bought at 19,555.06 drams (+33.85) and sold at 21,255.50 drams (+36.79); silver is to be bought at 365.87 drams (+1.2) and sold at 397.68 drams (+1.21); platinum is to be bought at 17,189.98 drams (-286.51) and sold at 18,684.76 drams (-311.42); palladium is to be bought at 7, 3479.43 drams (+598.25) and sold at 8,129.81 drams (+650.27). ($1- 383.12 drams). -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 22-28)

The week in Armenia's financial market was dominated by the debt agenda, Central Bank statements, currency dynamics, and decisions regarding non-cash payments.

Armenia Increases Participant Limit for Non-Public Investment Funds from 49 to 99

At an extraordinary session on Friday, the National Assembly of Armenia adopted an amendment to the Law "On Investment Funds" in its second and final reading.

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

LATEST NEWS

spot_imgspot_imgspot_img