Gold buying price up 1.7 percent

YEREVAN,  September 20. /ARKA/. The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry,  set new prices for government agencies to buy and sell precious stones and metals which were effective from September 12 to September 18.

The new prices were for one gram of chemically pure metals.

The gold was  to be bought at 18, 766.09 drams (up 1.7% or  311.39 drams from the previous period) and sold at 20,397.92 drams (up 1.7% or 338.46 drams); silver was  to be bought at 275.75 drams (up 12.8 drams) and sold at 299.73 drams (up 13.91 drams); platinum was to be bought at 15,183.91 (up 363.37 drams) and sold at 16,504.25 drams (up 394.96 drams); palladium was  to be bought at 9,633.93 drams (up 133.58 drams) and sold at 10,471.66 drams (up 145.19 drams) ($1- 473.86 drams). –0—-

spot_img

POPULAR

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

LATEST NEWS

spot_imgspot_imgspot_img