Gold price down 2.5 percent in Armenia

YEREVAN, June 2. / 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, 432.66 drams (down 393.14 drams) and sold at 16,773.63 drams (down 427.33 drams); silver is to be bought at 233.06 drams (down 4.59 drams) and sold at 253.33 drams (down 4.99 drams); platinum is to be bought at 17,843.18 drams (down 237.48 drams) and sold at 19,394.76 drams (down 258.13); palladium is to be bought at 10, 2003 99 drams (up 97.87) and sold at 11,088.03 drams (up 106.38 drams. ($1 – 413.49 drams). -0-

spot_img

POPULAR

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

Market capitalization increased by 27.4% in May, exceeding 478 billion drams – Armenia Securities Exchange

Equity market capitalization increased by 27.4% in May 2026, exceeding 478.8 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

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