Tue, 4 March
0.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Gold price dropped last week by 0.5 percent to 17,662 drams per one gram in Armenia

YEREVAN, May 4. /ARKA/. The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices buy and sell precious stones and metals which were effective for a period from April 25 to May 1.

The new prices are for one gram of chemically pure metals. The gold was to be bought at 17,662.84 drams (down by 83.57 drams from the previous week) and sold at 19,198.74 drams (down 90.84 drams); silver was  to be bought at 238.91 drams (up 11.26 drams) and sold at 259.69 drams (up 12.24 drams);

platinum was  to be bought at 14, 317.17 (up 214.12 drams) and sold at 15,562.14 drams (up 232.74 drams); palladium was  to be bought at 8,335.52 drams (up 480.77 drams) and sold at 9,060.35 drams (up 522.49 drams) ($1- 478.49 drams). -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img