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Weekly review of Azerbaijan's precious metals market

Economy Materials 23 December 2023 17:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 23. The price of an ounce of gold in Azerbaijan has increased by 44.9310 manat, or $26.43 (1.31 percent), this week, Trend reports.

The average price of one ounce of gold decreased by 48.6132 manat, or $28.59 (1.43 percent), and amounted to 3,458.7707 manat ($2,034.57) compared to last week.

Change in price of one ounce of gold

December 11

3,395.2740 ($1,997.21)

December 18

3,439.0830 ($2,022.98)

December 12

3,376.4040 ($1,986.11)

December 19

3,439.5930 ($2,023.28)

December 13

3,364.5805 ($1,979.16)

December 20

3,468.9520 ($2,040.55)

December 14

3,453.2780 ($2,031.33)

December 21

3,462.2115 ($2,036.59)

December 15

3,461.2510 ($2,036.02)

December 22

3,484.0140 ($2,049.41)

Average weekly

3,410.1575 ($2,005.97)

Average weekly

3,458.7707 ($2,034.57)

The price of an ounce of silver in Azerbaijan has increased by 0.8098 manat, or $0.47 (1.99 percent) this week. The average price of an ounce of silver totaled 40.9965 manat ($24.11), which is 4.37 percent, or 1.3788 manat ($0.81) more compared to last week.

Change in price of one ounce of silver

December 11

39.0244 ($22.95)

December 18

40.6817 ($23.93)

December 12

38.9751 ($22.96)

December 19

40.5093 ($23.82)

December 13

38.5586 ($22.68)

December 20

41.0087 ($24.12)

December 14

40.5263 ($23.83)

December 21

41.2913 ($24.28)

December 15

41.0040 ($24.12)

December 21

41.4915 ($24.40)

Average weekly

39.6177 ($23.30)

Average weekly

40.9965 ($23.11)

The price of an ounce of platinum in Azerbaijan increased by 33.7710 manat ($19.86), or 2.09 percent this week. The weighted average cost of an ounce of platinum increased by 42.1889 manat or $24.81 (2.66 percent) to 1,629.8903 manat ($958.75) compared to last week.

Change in price of one ounce of platinum

December 11

1,561.2970 ($918.40)

December 18

1,609.3560 ($946.67)

December 12

1,559.6310 ($917.42)

December 19

1,611.2770 ($947.80)

December 13

1,538.0715 ($904.74)

December 20

1,636.5050 ($962.64)

December 14

1,599.6065 ($940.94)

December 21

1,649.2465 ($970.14)

December 15

1,632.9010 ($960.52)

December 22

1,643.0670 ($966.50)

Average weekly

1,587.7014 ($933.94)

Average weekly

1,629.8903 ($958.75)

During the week, the price of an ounce of palladium in Azerbaijan rose by 66.4615 manat ($39.09), or 3.34 percent. The weighted average cost of an ounce of palladium increased by 20.65 percent, or 348.9556 manat ($205.27) compared to last week, amounting to 2,039.0497 manat ($1,199.43).

Change in price of one ounce of palladium

December 11

1,595.3650 ($938.44)

December 18

1,989.0085 ($1,170)

December 12

1,664.0530 ($978.85)

December 19

2,010.2245 ($1,182.48)

December 13

1,663.9600 ($978.79)

December 20

2,094.1450 ($1,231.84)

December 14

1,690.9900 ($944.69)

December 21

2,046.4005 ($1,203.76)

December 15

1,856.1025 ($1,091.82)

December 22

2,055.4700 ($1,209.09)

Average weekly

1,690.0941 ($994.17)

Average weekly

2,039.0497 ($1,199.43)

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