Buying price of gold in Armenia ups 3 percent to 15,980.35 drams per one gram

YEREVAN, October 28. / 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 15,980.35 drams (+467.28) and sold at 17,369.95 drams (+507.92); silver is to be bought at 268.08 drams (+10.77) and sold at 291.39 drams (+11.71), platinum is to be bought at 17,264.76 drams (+465.16) and sold at 18,766.04 drams (+505,61); palladium is to be bought at 8,934.81 drams (+310.62) and sold at 9,711.75 drams (+337.63). ($1 – 405.84 drams). .-0-

spot_img

POPULAR

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img