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Weekly review of Azerbaijan's precious metals market

Economy Materials 21 October 2023 16:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 21. The price of an ounce of gold in Azerbaijan has increased by 97.4355 manat, or $57.31 (1.38 percent), Trend reports.

The average price of one ounce of gold increased by 126.3117 manat, or $74.3 (3.98 percent) and amounted to 3,297.2741 manat ($1,939.57) compared to the last week.

Change in price of one ounce of gold

October 9

3,146.343 manat ($1,850)

October 16

3,263.983 manat ($1,919.99)

October 10

3163,326 manat ($1,860)

October 17

3,254.769 manat ($1,860.76)

October 11

3161,643 manat ($1,823.59)

October 18

3,294.719 manat ($1,938.07)

October 12

3,107.1 manat ($1,827.71)

October 19

3,311.481 manat ($1,947.93)

October 13

3,189.7695 manat ($1,876.33)

October 20

3,361.4185 manat ($1,876.29)

Average weekly

3,170.9624 manat ($1,865.27)

Average weekly

3,297.2741 manat ($1,939.57)

The price of an ounce of silver in Azerbaijan has increased by 0.3601 manat, or 0.21 cents (0.93 percent). The average price of an ounce of silver totaled 38.7739 manat ($22.81), which is 4.11 percent, or 1.5313 manat (90 cents) more compared to last week.

Change in price of one ounce of silver

October 9

37.0745 manat ($21.81)

October 16

38.5759 manat ($21.81)

October 10

36.958 manat ($21.05)

October 17

36.9 manat ($21.71)

October 11

37.1399 manat ($21.85)

October 18

37.1 manat ($21.82)

October 12

37.6542 manat ($22.15)

October 19

37.6 manat ($22.12)

October 13

37.3864 manat ($21.99)

October 20

38.936 manat ($21.94)

Average weekly

37.2426 manat ($21.91)

Average weekly

38.7739 manat ($22.81)

The price of an ounce of platinum in Azerbaijan increased by 11.9425 manat ($7.02), or 0.79 percent. The weighted average cost of an ounce of platinum increased by 8.6785 manat or $5.1 (0.58 percent) to 1,516.1722 manat ($891.87) compared to the last week.

Change in price of one ounce of platinum

October 9

1,508.835 manat ($887.55)

October 16

1,504.0325 manat ($884.72)

October 10

1,517.93 manat ($892.9)

October 17

1,517.1225 manat ($892.42)

October 11

1,508.818 manat ($887.54)

October 18

1,538.8825 manat ($887.53)

October 12

1,523.5485 manat ($896.2)

October 19

1,504.8485 manat ($885.2)

October 13

1,478.337 manat ($869.61)

October 20

1,515.975 manat ($891.75)

Average weekly

1,507.4937 manat ($876.76)

Average weekly

1,516.1722 manat ($891.87)

During the week, the price of an ounce of palladium in Azerbaijan decreased by 65.331 manat ($38.43), or 3.32 percent. The weighted average cost of an ounce of palladium decreased by 2.13 percent, or 42.1464 manat ($24.79) compared to the last week, amounting to 1,935.2341 manat ($1,138.37).

Change in price of one ounce of palladium

October 9

1,974.38 manat ($1,161.4)

October 16

1,965.846 manat ($1,156.38)

October 10

1,954.6685 manat ($1,149.8)

October 17

1,949.8575 manat ($1,146.97)

October 11

2,004.74 manat ($,179.26)

October 18

1,950.7075 manat ($1,147.47)

October 12

2,008.5075 manat ($1,181.47)

October 19

1,909.2445 manat ($1,123.08)

October 13

1,944.6725 manat ($1,143.92)

October 20

1,900.515 manat ($1,117.95)

Average weekly

1,977.3805 manat ($1,163.16)

Average weekly

1,935.2341 manat ($1,140)

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