Thu, 19 February
12.1 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Price gold in Armenia drops by 2.9 percent

YEREVAN, May 20 / 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, 342.93 drams (a 2.9 percent decline) and sold at 18,851.01 drams (-574.39 drams); silver is to be bought at 283.23 drams (-8.64) and sold at 307.86 drams (-9.39); platinum is to be bought at 18,313.89 drams (-42.65) and sold at 19,906.40 drams (-46.36); palladium is to be bought at 8,907.49 drams (+395.86) and sold at 9,682.05 drams (+430.28). ($1 – 417.16 drams). -0-

spot_img

POPULAR

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img