Sun, 22 February
-1.9 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Gold buying price in Armenia ups 1% to 16,287.2 drams per gram

YEREVAN, March 4. /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 16,287.2 drams (+169.11) and sold at 17,703.48 drams (+183.82); silver is to be bought at 264.55 drams (+0.6) and sold at 287.55 drams (+0.65), platinum is to be bought at 17,564.33 drams (+215.74) and sold at 19,091.66 drams (+234.5), palladium is to be bought at 9,031.12 drams (+37.81) and sold at 9,816.44 drams (+41.1). ($1=413.60 drams). -0-

spot_img

POPULAR

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

LATEST NEWS

spot_imgspot_imgspot_img