...

Weekly review of Azerbaijan's precious metals market

Economy Materials 5 April 2025 11:31 (UTC +04:00)
Weekly review of Azerbaijan's precious metals market
Sadig Javadov
Sadig Javadov
Read more

BAKU, Azerbaijan, April 5.​ The price of an ounce of gold in Azerbaijan fell by 73.61 manat, or $43.3 (1.4 percent), at the end of last week. The weighted average cost of an ounce of gold rose by 193.6 manat, or $113.8 (3.8 percent), compared to the previous week's figure, amounting to 5,313 manat ($3,125), Trend reports.

Gold ounce value change

March 17

5,071 manat ($2,982)

March 31

-

March 18

5,124 manat ($3,014)

April 1

5,345 manat ($3,144)

March 19

5,162 manat ($3,036)

April 2

5,296 manat ($3,115)

March 20

-

April 3

5,338 manat ($3,140)

March 21

-

April 4

5,272 manat ($5,272)

Average weekly rate

5,119 manat ($3,011)

Average weekly rate

5,313 manat ($3,125)

The price of an ounce of silver in Azerbaijan fell by 4.5232 manat, or $2.65 (7.8 percent), last week. The weighted average cost of an ounce of silver amounted to 56.3 manat, or $33.1, which is 2.1 percent, or 1.2025 manat ($0.70), less than the previous week's figure.

Silver ounce value change

March 17

57.2 manat ($33.6)

March 31

-

March 18

57.6 manat ($33.8)

April 1

58 manat ($34.1)

March 19

57.8 manat ($34)

April 2

57.4 manat ($57.4)

March 20

-

April 3

56.5 manat ($33.2)

March 21

-

April 4

53.5 manat ($31.4)

Average weekly rate

57.5 manat ($33.8)

Average weekly rate

56.3 manat ($33.1)

The price of an ounce of platinum in Azerbaijan last week fell by 71.9 manat, or $42.2 (4.2 percent). The weighted average cost of an ounce of platinum decreased by 36.7 manat, or $21.5 (2,2 percent), to 1,663 manat ($978.2) compared to last week's figure.

Platinum ounce value change

March 17

1,696 manat ($997.6)

March 31

-

March 18

1,711 manat ($1,006)

April 1

1,695 manat ($997)

March 19

1,694 manat ($996.4)

April 2

1,681 manat ($988.8)

March 20

-

April 3

1,655 manat ($973.5)

March 21

-

April 4

1,623 manat ($954.7)

Average weekly rate

1,700 manat ($1,000)

Average weekly rate

1,663 manat ($978.2)

The price for an ounce of palladium in Azerbaijan decreased by 102.8 manat, or $60.4 (6.1 percent), during the last week. The weighted average cost of an ounce of palladium decreased by 0.1 percent, or 1.50 manat ($0.88), compared to the indicator of the previous week, amounting to 1,648 manat ($969.4).

Palladium ounce value change

March 17

1,645 manat ($967.6)

March 31

-

March 18

1,656 manat ($974.1)

April 1

1,687 manat ($992.3)

March 19

1,646 manat ($968.2)

April 2

1,684 manat ($990.5)

March 20

-

April 3

1,636 manat ($962.3)

March 21

-

April 4

1,584 manat ($931.7)

Average weekly rate

1,649 manat ($970)

Average weekly rate

1,648 manat ($969.4)

To note, since the period from March 20 through 31 coincided with non-working days, the regulatory body did not release the indicators for those days.

Stay up-to-date with more news on Trend News Agency's WhatsApp channel

Tags:
Latest

Latest