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

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img