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Weekly review of Azerbaijan's precious metals market

Economy Materials 7 May 2022 11:43 (UTC +04:00)
Weekly review of Azerbaijan's precious metals market
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 7. An ounce of gold in Azerbaijan has decreased by 51.9095 manat (1.6 percent) this week, Trend reports.

The average price of one ounce of gold amounted to 3,214.6796 manat, down by 15.8253 manat (0.49 percent) compared to the previous week.

Change in price of one ounce of gold

Apr. 25

3,257.1575

May 2

3,240.9480

Apr. 26

3,236.3580

May 3

3,240.9480

Apr. 27

3,226.6085

May 4

3,171.1885

Apr. 28

3,191.4525

May 5

3,231.2750

Apr. 29

3,240.9480

May 6

3,189.0385

Average weekly

3,230.5049

Average weekly

3,214.6796

The price of an ounce of silver in Azerbaijan has dropped by 1.5518 manat (3.91 percent) this week.

The average price of an ounce of silver totaled 39.0263 manat, reducing by 0.9165 manat (2.29 percent) compared to the previous week.

Change in price of one ounce of silver

Apr. 25

40.3632

May 2

39.6613

Apr. 26

40.4543

May 3

39.6613

Apr. 27

39.9613

May 4

38.3899

Apr. 28

39.2735

May 5

39.3093

Apr. 29

39.6613

May 6

38.1095

Average weekly

39.9427

Average weekly

39.0263

The price of an ounce of platinum in Azerbaijan has increased by 45.7215 manat (2.88 percent) this week.

The average price of an ounce of platinum reached 1,630.6162 manat, which was 55.0953 manat (3.49 percent) more than the previous week.

Change in price of one ounce of platinum

Apr. 25

1,579.9290

May 2

1,583.7625

Apr. 26

1,586.2020

May 3

1,583.7625

Apr. 27

1,572.8570

May 4

1,652,4000

Apr. 28

1,554.8540

May 5

1,703.6720

Apr. 29

1,583.7625

May 6

1,629.4840

Average weekly

1,575.5209

Average weekly

1,630.6162

The price of an ounce of palladium in Azerbaijan has fallen by 121.006 manat (3.15 percent) this week.

Accordingly, the average price of one ounce of palladium totaled 3,816.5408 manat, up by 0.004 manat (0.17 percent) compared to the previous week.

Change in price of one ounce of palladium

Apr. 25

3,933.1370

May 2

3,832.1230

Apr. 26

3,768.9510

May 3

3,832.1230

Apr. 27

3,746.2900

May 4

3,848.3495

Apr. 28

3,801.3530

May 5

3,858.9915

Apr. 29

3,832.1230

May 6

3,711.1170

Average weekly

3,816.3708

Average weekly

3,816.5408

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