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

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

IDBank has issued perpetual coupon bonds for the first time

On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms.

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

AMX held an auction to place government bonds worth 70 billion drams

YEREVAN, October 30. /ARKA/. On October 29, the Armenia...

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

LATEST NEWS

spot_imgspot_imgspot_img