Gold buying price in Armenia down 0.7 percent to 16,514 drams per one gram

YEREVAN, December 23, / 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 16, 514.91 drams (down 124.78 drams from previous week) and sold at 17, 950.98 drams (down 135.63 drams); silver is to be bought at 222.68 drams (down 6.39 drams) and sold at 242.04 drams (down 6.95 drams); platinum is to be bought at 16, 587.56 drams (down 341.66 drams) and sold at 18, 029.96 drams (down 371.37 drams); palladium is to be bought at 10,941.55 drams (down 171.44 drams) and sold at 11,892,99 drams (down 186.35 drams). ($1 – 456.17 drams). -0–

spot_img

POPULAR

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

Armenia’s sovereign rating increase should lower interest rates, but external factors are putting inflationary pressure on the country: Pashinyan

During government hour in parliament on Wednesday, Armenian Prime Minister Nikol Pashinyan raised the possibility of raising interest rates on loans.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

LATEST NEWS

spot_imgspot_imgspot_img