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Azerbaijan Weekly review of Azerbaijan's precious metals market Gold Silver Platinum Palladium

Weekly review of Azerbaijan's precious metals market

BAKU, Azerbaijan, January 24. The price of an ounce of gold in Azerbaijan increased by 495.8 manat ($291.6), or 6.2%, over the week, TurkicWorld reports.

The weighted average price of one ounce of gold increased by 378.3 manat ($222.5), or 4.8%, compared to the previous week, to 8,194 manat ($4,820).

Gold ounce value change

January 12

7,766 manat ($4,568)

January 19

7,928 manat ($4,664)

January 13

7,815 manat ($4,597)

January 20

-

January 14

7,871 manat ($4,630)

January 21

8,272 manat ($4,866)

January 15

7,805 manat ($4,591)

January 22

8,153 manat ($4,796)

January 16

7,822 manat ($4,601)

January 23

8,424 manat ($4,956)

Average weekly rate

7,816 manat ($4,598)

Average weekly rate

8,194 manat ($4,820)

This week, the price of an ounce of silver in Azerbaijan increased by 9.80 manat ($5.77), or 6.2%. The weighted average price of an ounce of silver was 161.1 manat ($94.7), which is 11.9 manat ($7) or 8% more than the previous week.

Silver ounce value change

January 12

141.8 manat ($83.4)

January 19

157.8 manat ($92.8)

January 13

145.7 manat ($85.7)

January 20

-

January 14

154.3 manat ($90.7)

January 21

160.4 manat ($94.3)

January 15

149.2 manat ($87.7)

January 22

158.5 manat ($93.2)

January 16

154.5 manat ($90.9)

January 23

167.6 manat ($98.6)

Average weekly rate

149.1 manat ($87.7)

Average weekly rate

161.1 manat ($94.7)

The price of one ounce of platinum in Azerbaijan increased by 522.8 manat ($307.5), or 13.1%. The weighted average price of one ounce of platinum increased by 208 manat ($122.3), or 5.2%, compared to the previous week, to 4,211 manat ($2,477).

Platinum ounce value change

January 12

3,992 manat ($2,348)

January 19

3,988 manat ($2,346)

January 13

3,954 manat ($2,326)

January 20

-

January 14

4,140 manat ($2,435)

January 21

4,178 manat ($2,458)

January 15

3,933 manat ($2,313)

January 22

4,167 manat ($2,451)

January 16

3,997 manat ($2,351)

January 23

4,511 manat ($2,653)

Average weekly rate

4,003 manat ($2,355)

Average weekly rate

4,211 manat ($2,477)

During the week, the price of one ounce of palladium in Azerbaijan decreased by 195.7 manat ($115.1), or 6.4%. The weighted average price of one ounce of palladium increased by 42.3 manat ($24.8), or 1.4%, compared to the previous week, to 3,151 manat ($1,853).

Palladium ounce value change

January 12

3,187 manat ($1,874)

January 19

3,053 manat ($1,796)

January 13

3,094 manat ($1,820)

January 20

-

January 14

3,240 manat ($1,906)

January 21

3,176 manat ($1,868)

January 15

3,024 manat ($1,779)

January 22

3,128 manat ($1,840)

January 16

2,998 manat ($1,763)

January 23

3,248 manat ($1,910)

Average weekly rate

3,109 manat ($1,829)

Average weekly rate

3,151 manat ($1,853)

No data were released on January 20, as the date is observed in Azerbaijan as a National Day of Mourning and marked as a non-working day.

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