Weekly review of Azerbaijan's precious metals market

Weekly review of Azerbaijan's precious metals market

BAKU, Azerbaijan, March 23

By Sadraddin Agjayev – Trend:

Last week, the price of one ounce of gold decreased by 223.9 manat ($131.7) or 8 percent in Azerbaijan, Trend reports.

The average price of one ounce of gold stood at 2,556 manat ($1,503) which is 8 percent less than last week.

Change in price of one ounce of gold

-

-

March 16

2,627.5880

March 10

2,829.1315

March 17

2,553.8080

March 11

2,828.5025

March 18

2,598.0505

March 12

2,780.8600

March 19

2,501.9750

March 13

2,684.1640

March 20

2,501.9750

Average weekly

2,780.6645

Average weekly

2,556.6793

Last week, the price of one ounce of silver decreased by 6.3161 manat ($3.7) or 22 percent in Azerbaijan.

Accordingly, the average price of one ounce of silver stood at 21.8914 manat ($12.8) which is by 22.4 percent less than last week.

Change in price of one ounce of silver

-

-

March 16

24.9950

March 10

28.9853

March 17

21.9344

March 11

28.9909

March 18

21.7830

March 12

28.1889

March 19

20.3724

March 13

26.6648

March 20

20.3724

Average weekly

28.2075

Average weekly

21.8914

Last week, the price of one ounce of platinum decreased by 319.9819 manat ($188.2) or 22 percent in Azerbaijan.

Accordingly, the average price of one ounce of platinum stood at 1,132 manat ($665.8).

Change in price of one ounce of platinum

-

-

March 16

1,304.8860

March 10

1,495.3795

March 17

1,155.6090

March 11

1,493.1525

March 18

1,142.2895

March 12

1,472.4635

March 19

1,045.9420

March 13

1,350.6670

March 20

1,045.9420

Average weekly

1,452.9156

Average weekly

1,132.9337

Last week, the price of one ounce of palladium decreased by 1,049.7555 manat ($617) or 27.32 percent in Azerbaijan.

Accordingly, the average price of one ounce of palladium stood at 3,792 manat ($2,230).

Change in price of one ounce of palladium

-

-

March 16

3,041.0535

March 10

4,282.9120

March 17

2,814.4860

March 11

4,113.473

March 18

2,822.3400

March 12

3,749.7920

March 19

2,642.7180

March 13

3,223.4975

March 20

2,642.7180

Average weekly

3,842.4186

Average weekly

2,792.6631

---

Follow the author on Twitter: agdzhaev

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