Sun, 8 February
1.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Gold price in Armenia drops by 7.5 percent to 15,106.94 drams

YEREVAN, July 1. /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 15,106.94 drams (-1,238.98 drams) and sold at 16,420.59 drams (-1,346.71 drams); silver is to be bought at 231.55 drams (-24,99), and sold at 251.68 drams (-27.17); platinum is to be bought at 16,193.02 drams (-1,008.03) and sold at 17,601.11 drams, (-1,095.68); palladium is to be bought at 7,953.21 drams (-533.8), and sold at 8,644.79 drams (-580.22).($1 – 409.87 drams). -0-

spot_img

POPULAR

Armenia approves state mortgage support program for army officers

At a meeting on Thursday, the Armenian government approved a state mortgage support program for military officers.

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 February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

LATEST NEWS

spot_imgspot_imgspot_img