Gold purchasing price in Armenia drops by 2 percent

YEREVAN, October 21 / 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 15,513.03 drams, a 234.93 drams decline from the previous week and sold at 16,862.03 drams (-255.36); silver is to be bought at 257.31 drams (-7.41) and sold at 279.68 drams (-8,06); platinum is to be bought at 16,799.60 drams (+49,04) and sold at 18,260.43 drams (+53,3); palladium is to be bought at 8,624.19 drams (+100,59) and sold at 9,374.12 drams (+109.34). ($1 – 406.11 drams). -0-

spot_img

POPULAR

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img