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

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

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.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

“The Power of One Dram” – General Partner of the “Climate Change and Women” Awards

The August beneficiary of "The Power of One Dram" initiative was "Orran" Charitable Non-Governmental Organization.

LATEST NEWS

spot_imgspot_imgspot_img