Gold buying price dropped by 1.5% to 15,936.04 drams in Armenia

YEREVAN, October 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 gold price dropped from last week by 1.5% or 67.35 drams to 15,936.04drams per gram as of September 30, 2013. The gold selling price is set at 17,321.78 drams (-73.21).

The prices are for one gram of chemically pure metals.

Silver is to be bought at 260.80 drams -6.36) and sold at 283.48 drams (-6.91); platinum is to be bought at 17,129.65 drams (-269.41), and sold at 18,619.18 drams (-292.84); palladium is to be bought at 8,647.14 drams (+86.06), and sold at 9,399.07 drams (+93.55). ($1=405.29 drams).–0–

spot_img

POPULAR

Central Bank Chairman Doesn’t Rule Out Hike in Loan Rates in Armenia

Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

There is no liquidity shortage in Armenia, but the question remains about whether businesses meet investor requirements, according to Central Bank Chairman Martin Galstyan.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img