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Volatility on Azerbaijan's precious metals market declines

Finance Materials 12 June 2020 13:14 (UTC +04:00)

BAKU, Azerbaijan, June 12

Trend:

The price of gold decreased in Azerbaijan on June 12 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold slipped by 2.278 manat (0.1 percent) and amounted to 2,937.804 manat per ounce.

The price of silver declined by 0.5304 manat (1.7 percent) and amounted to 28.8291 manat per ounce.

The price of platinum went down by 14.093 manat (0.4 percent) and amounted to 1,424.3705 manat per ounce.

The price of palladium increased by 8.279 manat (0.3 percent) and amounted to 3,301.342 manat.

Precious markets

June 12, 2020

June 11, 2020

May 12, 2020

Change in a day

Change in a day, %

Change in a month

Change in a month, %

Gold

XAU

2,937.804

2,940.082

2,891.284

-2.278

99.9

+46.5205

101.6

Silver

XAG

29.8291

30.3595

26.3693

-0.5304

98.3

+3.4598

113.1

Platinum

XPT

1,395.7595

1,409.8525

1,302.693

-14.093

99

+93.0665

107.1

Palladium

XPD

3,301.621

3,293.342

3,229.482

+8.279

100.3

+72.1395

102.2

Precious metals are gold, silver, platinum and metals of platinum group (palladium, iridium, ruthenium, rhodium, and osmium) brought to the highest fineness (999.9).

The precious metals are sold as ingots, coins or powder and have the appropriate quality certificates.

Troy ounce is a unit of mass equal to 31.1034768 grams.

(1 USD = 1.7 manat on June 12)

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