Gold price in Armenia on the rise

YEREVAN, May 6. / 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 new prices are for one gram of chemically pure metals.

The gold is to be bought at 17,980.04 drams (a 2.9 percent rise) and sold at 19,543.52 drams  (+552.41); silver is to be bought at 295.16 drams  (+10.96) and sold at 19,924.38 drams (+863.35); platinum is to be bought at 18,330.43 drams (+794.28)  and sold at 21,596.12 drams (+99.25); palladium is to be bought at 8,485.39 drams (+250.89), and sold at  9,223.25 drams (+272.71).($1 – 414.95 drams). -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

LATEST NEWS

spot_imgspot_imgspot_img