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Weekly review of Azerbaijan's precious metals market

Economy Materials 24 February 2024 19:27 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, February 24. The price of an ounce of gold in Azerbaijan increased by 11.7555 manat ($6.91), or 0.34 percent, this week, Trend reports.

The average price of one ounce of gold grew by 31.9464 manat, or $18.79 (0.94 percent), from the previous week to 3,442.4099 manat ($2,024.95).

Change in price of one ounce of gold

February 12

3,439.695 manat ($2.023.35)

February 19

3,432.6145 manat ($2.019.18)

February 13

3,432.368 manat ($2,019.04)

February 20

3,432.249 manat ($2,018.97)

February 14

3,386.893 manat ($1,992.28)

February 21

3,452.921 manat ($2,031.13)

February 15

3,386.8505 manat ($1,992.26)

February 22

3,449.895 manat ($2,029.35)

February 16

3,406.511 manat ($2,033.83)

February 23

3,444.37 manat ($2,026.1)

Average weekly

3,410.4635 manat ($2,006.15)

Average weekly

3,442.4099 manat ($2,024.95)

The price of an ounce of silver in Azerbaijan decreased by 0.5423 manat (32 cents), or 1.38 percent this week.

The average price of an ounce of silver totaled 39.1007 manat ($23), which is 1.9 percent, or 0.7304 manat (43 cents) more compared to last week.

Change in price of one ounce of silver

February 12

38.624 manat ($22.72)

February 19

39.2666 manat ($23.1)

February 13

38.6226 manat ($22.719)

February 20

39.0481 manat ($22.97)

February 14

37.4553 manat ($22.03)

February 21

39.3852 manat ($23.17)

February 15

38.1094 manat ($22.41)

February 22

39.0791 manat ($22.99)

February 16

39.0402 manat ($22.96)

February 23

38.7243 manat ($22.78)

Average weekly

38.3703 manat ($22.57)

Average weekly

39.1007 manat ($23)

The price of an ounce of platinum in Azerbaijan decreased by 8.585 manat ($5.05), or 0.56 percent this week.

The weighted average cost of an ounce of platinum increased by 24.1349 manat or $14.2 (1.6 percent) to 1,532.0485 manat ($901.2) compared to last week.

Change in price of one ounce of platinum

February 12

1,491.546 manat ($877.37)

February 19

1,541.9255 manat ($907.01)

February 13

1517,4965 manat ($892.64)

February 20

1,526.294 manat ($897.82)

February 14

1,490.7045 manat ($876.88)

February 21

1,544.671 manat ($908.63)

February 15

1,514.921 manat ($891.12)

February 22

1,514.0115 manat ($890.59)

February 16

1524,9 manat ($897)

February 23

1,533.3405 manat ($901.96)

Average weekly

1,507.9136 manat ($887.01)

Average weekly

1,532.0485 manat ($901.2)

The price of an ounce of palladium in Azerbaijan grew by 21.369 manat ($12.57), or 1.31 percent this week.

The weighted average cost of an ounce of palladium grew by 7.02 percent, or 107.6814 manat ($63.34) compared to last week, amounting to 1,642.5825 manat ($966.22).

Change in price of one ounce of palladium

February 12

1,473.05 manat ($866.5)

February 19

1,633.411 manat ($960.83)

February 13

1,542.9965 manat ($907.64)

February 20

1,614.779 manat ($949.87)

February 14

1,470.432 manat ($864.95)

February 21

1,677.0075 manat ($986.47)

February 15

1,587.5535 manat ($933.85)

February 22

1,632.935 manat ($960.55)

February 16

1,600.4735 manat ($941.45)

February 23

1,654.78 manat ($973.4)

Average weekly

1,534.9011 manat ($902.88)

Average weekly

1,642.5825 manat ($966.22)

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