Sun, 16 November
8.1 C
Yerevan
USD: 382.12 RUB: 4.73 EUR: 443.79 GEL: 141.24 GBP: 502.18

Prices for buying gold dropped by 17.9% to 16, 345.92 drams over 6 months

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-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img