Gold price drops 1.5 percent in Armenia to 15,769 drams per one gram

YEREVAN, April 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 15,769.92  (-240.78 drams) and sold at 17.141.22  drams (-261.72); silver is to be bought at  237.35 drams (- 3.78) and sold at 257.99 drams (-4.11), platinum is to be bought at 17,184.88 drams (- 524.8) and sold at 18,679.22 drams (minus 570.43 drams); palladium is to be bought at  9, 665.07 drams  (-140.2 drams and sold at 10,505.51 drams  (-152.39 drams). ($1 – 412.80 drams). -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Net inflow of remittances to Armenia from abroad increased approximately 2.7-fold in four months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $728.1 million in January-April 2026, compared to $273.4 million in January-April 2025, according to a report from the Central Bank.

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.

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.

LATEST NEWS

spot_imgspot_imgspot_img