Gold buying price drops 1.3% to 15,235.55 drams in Armenia

YEREVAN, June 10. /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 fell from last week 1.3% or by 197.11 drams to 15,235.55 drams.

The gold selling price is set at 16,560.38 drams (-214.25).

The prices are for one gram of chemically pure metals.

Silver is to be bought at 230.30 drams (-2.76) and sold at 250.33 drams (-3); platinum is to be bought at 17,546.15 drams (-297.03), and sold at 19,071.90 drams (-322.86); palladium is to be bought at 10,207.70 drams (+6.71), and sold at 11,095.33 drams (+7.3). ($1=412.86drams). –0–

spot_img

POPULAR

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble 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 March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img