Gold buying price in Armenia up 2.3 percent

YEREVAN, January 23. /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 January 16 to January 22, 2017. The new prices were for one gram of chemically pure metals.

The gold was to be bought at 17,082.14 drams (381.76 drams up from the previous week) and sold at 18,567.55 drams (up 414.96 drams); silver was to be bought at 240.39 drams (up 6.02 drams) and sold at 261.30 drams (up 6.75); platinum was to be bought at 14,030.32 drams (up 482.13 drams) and sold at 15,250.35 drams (up 524.06 drams) and palladium was to be bought at 10,848.93 drams (up 470.74 drams) and sold at 11,792.31 drams (up 511.67 drams). ($1- 486.21 drams). -0-

spot_img

POPULAR

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

LATEST NEWS

spot_imgspot_imgspot_img