Gold buying price drops by 0.4% to 16,636 drams

YEREVAN, June 16. / 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, 636.33 drams (down 69.79 drams from the previous week) and sold at 18, 082.96 drams (down 75.87 drams); silver is to be bought at 225,82 drams (down 7.14 drams) and sold at 245,46 drams (down 7.75 drams); platinum is to be bought at 15 588,33 drams (up 9.7 drams) and sold at 16, 943.84 drams (up 10.54 drams); palladium is to be bought at 10,510.61 drams (down 281.69 drams) and sold at 11,424.58 drams (down 306.18 drams). ($1- 475.07 drams). -0-

spot_img

POPULAR

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.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

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.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

LATEST NEWS

spot_imgspot_imgspot_img