Gold buying price jumps 0.9% to 16,433.5 drams in Armenia

YEREVAN, March 11. /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 rose from last week 0.9% or by 146.13 drams to 16,433.5 drams.

The gold selling price is set at 17,862.53 drams (+159.05).

The prices are for one gram of chemically pure metals.

Silver is to be bought at 260.87 drams (-3.68) and sold at 283.55 drams (- 4); platinum is to be bought at 17,981.92 drams (+417.59), and sold at 19,545.56 drams (453.9); palladium is to be bought at 9,370.43 drams (+339.31), and sold at 10,185.25 drams (368.81). ($1=414.84drams). -0—

spot_img

POPULAR

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img