Gold Price in Armenia per Gram

Gold price is updated at Wednesday 25 November 2020, 04:00 pm, GMT (Wednesday 25 November 2020, 08:00 pm, Yerevan time)

1 Gold Gram = 28,039.97 Armenian dram

The following table shows the latest gold price in Armenia in Armenian dram (AMD) per Gram. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).

Gold prices per Gram are converted from USD to Armenian dram according to the latest exchange rates where 1 USD = 481.62 Armenian dram.

Gram is a unit for weighing gold used in Jewelleries in Armenia. 1 Gram = 0.03215 troy ounce, 1 troy ounce = 31.104199066874 Gram. Today, Wednesday 25 November 2020 in Armenia, 1 Gram of gold = 28,039.97 Armenian dram.

Commonly Used Gold Gram Karats in Armenia

Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.

The following are commonly used Gram karats in Armenia as well as other countries:

• Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Wednesday 25 November 2020, the current price of gold Gram 24K in Armenia is 28,011.93 Armenian dram.
• Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Wednesday 25 November 2020, the current price of gold Gram 22K in Armenia is 25,684.62 Armenian dram.
• Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Wednesday 25 November 2020, the current price of gold Gram 21K in Armenia is 24,534.98 Armenian dram.
• Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Wednesday 25 November 2020, the current price of gold Gram 18K in Armenia is 21,029.98 Armenian dram.
• Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Wednesday 25 November 2020, the current price of gold Gram 14K in Armenia is 16,403.39 Armenian dram.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Wednesday 25 November 2020, the current price of gold Gram 12K in Armenia is 14,019.99 Armenian dram.
• Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Wednesday 25 November 2020, the current price of gold Gram 10K in Armenia is 11,692.67 Armenian dram.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Wednesday 25 November 2020, the current price of gold Gram 9K in Armenia is 10,514.99 Armenian dram.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Wednesday 25 November 2020, the current price of gold Gram 8K in Armenia is 9,337.31 Armenian dram.