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Weekly review of Azerbaijan's precious metals market

Economy Materials 10 December 2023 13:00 (UTC +04:00)
Weekly review of Azerbaijan's precious metals market
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 10. The price of an ounce of gold in Azerbaijan has decreased by 91.3835 manat, or $53.75 (2.58 percent), this week, Trend reports.

The average price of one ounce of gold increased by 11.8881 manat, or $6.99 (0.34 percent), and amounted to 3,466.7981 manat ($2,039.29) compared to last week.

Change in price of one ounce of gold

November 27

3,423.0605 ($2,013.56)

December 4

3,544.6785 ($2,085.10)

November 28

3,426.7155 ($2,015.71)

December 5

3,455.3775 ($2,032.57)

November 29

3,480.2570 ($2,047.21)

December 6

3,436.5670 ($2,021.51)

November 30

3,475.5140 ($2,044.42)

December 7

3,444.0725 ($2,025.92)

December 1

3,469.0030 ($2,040.59)

December 8

3,453.2950 ($2,031.35)

Average weekly

3,454.9100 ($2,032.30)

Average weekly

3,466.7981 ($2,039.29)

The price of an ounce of silver in Azerbaijan has decreased by 2.7692 manat, or $1.63 (6.4 percent) this week. The average price of an ounce of silver totaled 41.4272 manat ($24.37), which is 2.24 percent, or 0.9508 manat ($0.56) less compared to last week.

Change in price of one ounce of silver

November 27

41.9373 ($24.67)

December 4

43.2659 ($25.45)

November 28

41.8604 ($24.62)

December 5

41.7265 ($24.54)

November 29

42.6100 ($25.06)

December 6

41.1681 ($24.22)

November 30

42.4758 ($24.99)

December 7

40.4790 ($23.81)

December 1

43.0069 ($25.30)

December 8

40.4967 ($23.82)

Average weekly

42.3781 ($24.93)

Average weekly

41.4272 ($24.37)

The price of an ounce of platinum in Azerbaijan decreased by 30.3960 manat ($17.88), or 1.91 percent this week. The weighted average cost of an ounce of platinum decreased by 35.0965 manat or $20.64 (2.21 percent) to 1,551.1072 manat ($912.42) compared to last week.

Change in price of one ounce of platinum

November 27

1,586.5760 ($933.28)

December 4

1,587.9360 ($934,08)

November 28

1,564.6545 ($920.38)

December 5

1,559.6905 ($917,46)

November 29

1,603.8820 ($943.46)

December 6

1,536.2560 ($903,68)

November 30

1,590.7835 ($935.75)

December 7

1,514.1135 ($890,65)

December 1

1,585.1225 ($932.42)

December 8

1,557.5400 ($916,20)

Average weekly

1,586.2037 ($933.06)

Average weekly

1,551.1072 ($912,42)

During the week, the price of an ounce of palladium in Azerbaijan fell by 33.7025 manat ($19.82), or 1.98 percent. The weighted average cost of an ounce of palladium decreased by 7.49 percent, or 133.4704 manat ($78.51) compared to last week, amounting to 1,647.9817 manat ($969,40).

Change in price of one ounce of palladium

November 27

1,826.0805 ($1,074.16)

December 4

1,700.0850 ($1,000.05)

November 28

1,809.4290 ($1,064.37)

December 5

1,665.3625 ($979,62)

November 29

1,800.5720 ($1,059.16)

December 6

1,602.5050 ($942,65)

November 30

1,743.6985 ($1,025.70)

December 7

1,605.5735 ($944,45)

December 1

1,727.4805 ($1,016.16)

December 8

1,666.3825 ($980,22)

Average weekly

1,781.4521 ($1,047.91)

Average weekly

1,647.9817 ($969,40)

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