Gold, silver prices in Azerbaijan up

BAKU, Azerbaijan, Oct. 27

By Zeyni Jafarov – Trend:

The prices of precious metals, excluding platinum and palladium, increased in Azerbaijan on Oct. 27 compared to the previous price, Trend reports on Oct. 27 referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold increased by 17.7735 manat or $10.455 (0.55 percent) and amounted to 3,243.4555 manat or $1,907.915 per ounce.

The price of palladium decreased by 0.884 manat or 52 cents (0.02 percent) and amounted to 4,044.555 manat ($2,379.15).

The price of silver increased by 0.3046 manat or 17 cents (0.74 percent) and amounted to 41.6292 manat ($24.48).

The price of platinum decreased by 18.2155 manat or $10.715 (1.2 percent) and amounted to 1.497,4365 manat (88 cents).

In monthly terms, the price of gold increased by 59.0665 manat or $34.74 (1.9 percent) per ounce, platinum increased by 30.2175 manat or $17.77 (2.1 percent) per ounce, silver increased by 2.0756 manat or $1.22 (5.2 percent) per ounce, palladium increased by 238.697 manat or $140.41 (6.3 percent).

On an annualized basis, the price of gold increased by 688.211 manat or $404.83 (26.9 percent), silver grew by 11.277 manat or $6.633 (37.2 percent), palladium rose by 1,009.664 manat or 59 cents (33.3 percent) and platinum decreased by 78.183 manat or $45.99 (5 percent).

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