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Weekly review of Azerbaijan's precious metals market

Finance Materials 15 September 2024 12:35 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 15. The price of an ounce of gold in Azerbaijan grew by 118.6 manat, or $69.7 (2.79 percent), at the end of this week, Trend reports.

The weighted average cost of an ounce of gold increased by 34.8 manat, or $20.47 (0.82 percent) compared to last week's figure, amounting to 4,285 manat ($2,520).

Gold ounce value change

September 2

4,245 manat ($2,497)

September 9

4,247 manat ($2,498)

September 3

4,242.9 manat ($2,495.8)

September 10

4,252 manat ($2,501)

September 4

4,243.2 manat ($2,496)

September 11

4,283 manat ($2,519)

September 5

4,240 manat ($2,494)

September 12

4,279 manat ($2,517)

September 6

4,282 manat ($2,519)

September 12

4,365 manat ($2,567)

Weekly average

4,251 manat ($2,500)

Weekly average

4,285 manat ($2,520)

The price of an ounce of silver in Azerbaijan rose by 3.3 manat, or $1.9 (6.95 percent), this week. The weighted average cost of an ounce of silver amounted to 48.78 manat ($28.7), which is 1.01 percent or 0.49 manat (29 cents) more than last week's figure.

Silver ounce value change

September 2

48.36 manat ($28.45)

September 9

47.6 manat ($28)

September 3

48.34 manat ($28.44)

September 10

48 manat ($28)

September 4

47.7 manat ($28)

September 11

48.4 manat ($28.47)

September 5

48 manat ($28.2)

September 12

48.8 manat ($28.7)

September 6

49 manat ($29)

September 13

50.9 manat ($29.9)

Weekly average

48.29 manat ($28.4)

Weekly average

48.78 manat ($28.7)

The price of an ounce of platinum in Azerbaijan this week increased by 92.6 manat, or $54.47 (5.83 percent). The weighted average cost of an ounce of platinum grew by 56.25 manat, or $33 (3.59 percent), to 1,621 manat ($953.5) compared to last week's figure.

Platinum ounce value change

September 2

1,578 manat ($928)

September 9

1,587 manat ($933.5)

September 3

1,567 manat ($922)

September 10

1,601 manat ($941.7)

September 4

1,547 manat ($910.8)

September 11

1,605 manat ($944)

September 5

1,548 manat ($910.7)

September 12

1,633 manat ($960.59)

September 6

1,586 manat ($933)

September 13

1,679 manat ($987.6)

Weekly average

1,565 manat ($920.6)

Weekly average

1,621 manat ($953.5)

The price for an ounce of palladium in Azerbaijan surged by 222.5 manat, or $130.9 (2.77 percent), during this week. The weighted average cost of an ounce of palladium rose by 3.55 percent, or 57.5 manat ($33.8), compared to the indicator of the previous week, amounting to 1,676 manat ($986).

Palladium ounce value change

September 2

1,645 manat ($967)

September 9

1,565 manat ($920.59)

September 3

1,655 manat ($973)

September 10

1,621 manat ($953.5)

September 4

1,604 manat ($943)

September 11

1,666 manat ($980)

September 5

1,589 manat ($935)

September 12

1,739 manat ($1,023)

September 6

1,599 manat ($941)

September 13

1,787 manat ($1,051)

Weekly average

1,618 manat ($937)

Weekly average

1,676 manat ($986)

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