Gold buying price rose by 2.05% to 15,857.64 drams in Armenia

YEREVAN, July 1. /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 by 2.05% or 319.36 drams to 15,857.64drams.

The gold selling price is set at 17,236.566 drams (+347.136).

The prices are for one gram of chemically pure metals.

Silver is to be bought at 251.98 drams (+10.84) and sold at 273.89 drams (+11.78); platinum is to be bought at 17,638.76 drams (+114.87), and sold at 19,172.56 drams (+124.85); palladium is to be bought at 9,978.04 drams (+27.37), and sold at 10,845.70 drams (+29.75). ($1=407.28drams). –0–

spot_img

POPULAR

VIVA Foundation Named November Beneficiary of “The Power of One Dram”

As part of “The Power of One Dram” initiative, IDBank and Idram have announced the results for October. A total of AMD 4,589,996 has been transferred to the “Physmath Friends” Charitable Foundation, the initiative’s beneficiary for the previous month.

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Armenian Government Approves Agreements with EBRD for Construction of Two Customs and Logistics Centers Worth €57 Million

Approximately €57 million in loan and grant funds from the European Bank for Reconstruction and Development (EBRD) has been allocated for the construction of customs and logistics centers in Yerevan and Armenia’s Syunik Province.

Armenia to Contribute an Additional €8.2 Million to the Capital of the Black Sea Trade and Development Bank

Armenia will contribute an additional €8.2 million to the authorized capital of the Black Sea Trade and Development Bank (BSTDB).

Net profit of Armenian credit institutions fell by 26.62% over the first 9 months, to 30.27 billion drams

The aggregate net profit of credit organizations in Armenia for the period from January to September 2026 totaled 30.27 billion drams, down 26.62% from the 41.26 billion drams recorded during the same period in 2025.

LATEST NEWS

spot_imgspot_imgspot_img