Gold price in Armenia drops by 2.4 percent to 15,602 drams per one gram

YEREVAN, August 12. / 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 finance ministry’s press office released following prices set for this week.

The gold is to bought at 15,602.57 drams (-395 drams) and sold at 16,959.32 drams (-429.34 drams); silver is to be bought at 238.43 drams (-1,53), and sold at 259.16 drams (-1.67); platinum is to be bought at 17,484.48 drams (+79,58), and sold at 19,004.87 drams (+86,5);;palladium is to be bought at 8,798.48 drams(-83.19), and sold at 9,563.56 drams (-90,43). ($1 – 407.53 drams). -0-

spot_img

POPULAR

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

Investment portfolio of Armenian credit institutions in the first quarter of 2026 exceeded 100.6 billion drams

The total investment portfolio of Armenian credit institutions in the first quarter of 2026 amounted to 100.6 billion drams, according to the consolidated financial report of the country's credit institutions.

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

LATEST NEWS

spot_imgspot_imgspot_img