Gold buying price rose by 0.4% to 16,000.7 drams in Armenia

YEREVAN, July 15. /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 0.4% or 59.47 drams to 16,000.7drams.

The gold selling price is set at 17,392.06 drams (+64.64).

The prices are for one gram of chemically pure metals.

Silver is to be bought at 255.8 drams (+2.18) and sold at 278.04 drams (+2.37); platinum is to be bought at 18,123.61 drams (+139.63), and sold at 19,699.58 drams (+151.78); palladium is to be bought at 10,475.84 drams (+192.26), and sold at 11,386.78 drams (+215.98). ($1=407.66drams). –0–

spot_img

POPULAR

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

LATEST NEWS

spot_imgspot_imgspot_img