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March 29
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YEREVAN. – Increase in gold price will have a negative impact on the jewelry industry, the Armenian Jewelers Association (AJA) President Gagik Gevorgyan told Armenian News-NEWS.am.

According to him, the gold price will go up, as a result, the market competition will increase. Gevorgyan confirmed information on fixing the jewelry flow from China. However, the capital will not automatically be carried into Armenia.

It is noteworthy that Armenia’s Minister of Economy Tigran Davtyan has earlier told the agency that a jewelry sector will be established in the Zvartnots international airport within the free economic zone, and the AJA shows a particular interest for it.

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