Fri, 6 February
2.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Gold buying price in Armenia down by one percent

YEREVAN, September 5. /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 were effective from August 29 to September 4. The new prices were  for one gram of chemically pure metals.

The gold was  to be bought at 18, 688.96 drams (down 1% or  194.59  drams from the previous period) and sold at 20,314.08 drams (down 1 or 211.51 drams); silver was  to be bought at 263.86 drams (down by 13.45 drams) and sold at 286.81 drams (down 14.62 drams); platinum was to be bought at 15,373.17 (down 317.99 drams) and sold at 16,709.97 drams (down 345.64 drams); palladium was  to be bought at 9,750.76 drams (down 49.12 drams) and sold at 10,598.65 drams (down 53.39 drams) ($1- 474.78 drams). –0—-

spot_img

POPULAR

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Market capitalization increased by 6.96% in January, exceeding 473 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for January 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

LATEST NEWS

spot_imgspot_imgspot_img