...

Weekly review of Azerbaijan's precious metals market

Economy Materials 5 May 2025 19:11 (UTC +04:00)
Weekly review of Azerbaijan's precious metals market
Sadig Javadov
Sadig Javadov
Read more

BAKU, Azerbaijan, May 5.​ The price of an ounce of gold in Azerbaijan decreased by 83.8 manat, or $49 (1.5 percent), at the end of last week. Trend reports.

The weighted average cost of an ounce of gold went down by 163 manat, or $96 (2.8 percent), compared to the previous week's figure, amounting to 5,574 manat ($3,280).

Gold ounce value change

April 21

5,739 manat ($3,375)

April 28

5,609 manat ($3,300)

April 22

5,925 manat ($3,485)

April 29

5,628 manat ($3,311)

April 23

5,689 manat ($3,346)

April 30

5,623 manat ($3,307)

April 24

5,654 manat ($3,325)

May 1

5,486 manat ($3,230)

April 25

5,655 manat ($3,326)

May 2

5,525 manat ($3,250)

Average weekly rate

5,737 manat ($3,374)

Average weekly rate

5,574 manat ($3,280)

The price of an ounce of silver in Azerbaijan dipped by 0.4 manat, or $0.2 (0.8 percent), last week. The weighted average cost of an ounce of silver amounted to 55.5 manat, or $32.6, which is 1.2 percent, or 0.66 manat ($0.39), more than the previous week's figure.

Silver ounce value change

April 21

55.6 manat ($32.7)

April 28

55.9 manat ($33)

April 22

55.8 manat ($32.8)

April 29

56 manat ($32.9)

April 23

55.7 manat ($32.7)

April 30

55.8 manat ($32.8)

April 24

56.7 manat ($33.3)

May 1

54.4 manat ($32)

April 25

56.9 manat ($33.4)

May 2

55.48 manat ($32.64)

Average weekly rate

56.2 manat ($33)

Average weekly rate

55.5 manat ($32.6)

The price of an ounce of platinum in Azerbaijan last week decreased by 0.51 manat, or $0.3 (0.03 percent). The weighted average cost of an ounce of platinum increased by eight manat, or $4.7 (0.5 percent), to 1,659 manat ($980) compared to the previous week's figure

Platinum ounce value change

April 21

1,655 manat ($973.5)

April 28

1,656 manat ($970)

April 22

1,657 manat ($974.7)

April 29

1,683 manat ($990)

April 23

1,639 manat ($964.1)

April 30

1,667 manat ($980)

April 24

1,655 manat ($973.5)

May 1

1,636 manat ($960)

April 25

1,651 manat ($971.1)

May 2

1,656 manat ($970)

Average weekly rate

1,651 manat ($971.1)

Average weekly rate

1,659 manat ($980)

During the week, the price of an ounce of palladium in Azerbaijan decreased by 14 manat ($8), or 0.9 percent. The weighted average price of an ounce of palladium decreased by three manat ($1.7), or 0.2 percent, compared to the previous week, to 1,605 manat ($940).

Palladium ounce value change

April 21

1,632 manat ($960)

April 28

1,607 manat ($950)

April 22

1,607 manat ($945.2)

April 29

1,612 manat ($950)

April 23

1,593 manat ($937)

April 30

1,591 manat ($940)

April 24

1,602 manat ($942.3)

May 1

1,595 manat ($940)

April 25

1,607 manat ($945.2)

May 2

1,621 manat ($950)

Average weekly rate

1,608 manat ($945.8)

Average weekly rate

1,605 manat ($940)

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

Tags:
Latest

Latest