{"id":274188,"date":"2026-06-05T18:07:21","date_gmt":"2026-06-05T14:07:21","guid":{"rendered":"https:\/\/armbanks.am\/?p=274188"},"modified":"2026-06-05T18:12:04","modified_gmt":"2026-06-05T14:12:04","slug":"head-of-the-central-bank-of-armenia-sees-no-reason-to-panic-over-the-depreciation-of-the-dram","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2026\/06\/05\/274188\/","title":{"rendered":"Head of the Central Bank of Armenia named the reasons behind the rise in gold prices"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, June 5. \/AR\u041a\u0410\/.<\/strong> Several phenomena are behind the rise in gold prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to him, one of them is the diversification effect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;If you diversify your portfolio, gold is considered a good alternative. There is an inverse correlation with other assets, because portfolio theory dictates that you should take assets that move opposite to the asset you already own,&#8221; he said on the Rearrange podcast.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among other reasons, Galstyan also pointed out that the freezing of Russian reserves prompted central banks in some countries to hold an asset that is not a liability to anyone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Gold is such an asset,&#8221; he explained.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.<\/p>\n","protected":false},"author":5,"featured_media":270117,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":["post-274188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/274188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=274188"}],"version-history":[{"count":2,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/274188\/revisions"}],"predecessor-version":[{"id":274197,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/274188\/revisions\/274197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/270117"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=274188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=274188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=274188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}