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Weekly review of Azerbaijan's precious metals market

Finance Materials 21 September 2024 15:36 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 21. The price of an ounce of gold in Azerbaijan grew by 13.27 manat, or $7.8 (0.3 percent), at the end of this week, Trend reports.

The weighted average cost of an ounce of gold increased by 96.9 manat, or $57 (2.26 percent) compared to last week's figure, amounting to 4,382 manat ($2,577).

Gold ounce value change

September 9

4,247 manat ($2,498)

September 16

4,395 manat ($2,585)

September 10

4,252 manat ($2,501)

September 17

4,380 manat ($2,576)

September 11

4,283 manat ($2,519)

September 18

4,366 manat ($2,568)

September 12

4,279 manat ($2,517)

September 19

4,359 manat ($2,564)

September 13

4,365 manat ($2,567)

September 20

4,409 manat ($2,593)

Weekly average

4,285 manat ($2,520)

Weekly average

4,382 manat ($2,577)

The price of an ounce of silver in Azerbaijan rose by 0.12 manat, or seven cents (0.23 percent), this week. The weighted average cost of an ounce of silver amounted to 52.2 manat ($30.7), which is 7.08 percent or 3.45 manat ($2) more than last week's figure.

Silver ounce value change

September 9

47.6 manat ($28)

September 16

52.67 manat ($30.9)

September 10

48 manat ($28)

September 17

52.27 manat ($30.7)

September 11

48.4 manat ($28.47)

September 18

51.68 manat ($30.4)

September 12

48.8 manat ($28.7)

September 19

51.7 manat ($30.43)

September 13

50.9 manat ($29.9)

September 20

52.8 manat ($31)

Weekly average

48.78 manat ($28.7)

Weekly average

52.2 manat ($30.7)

The price of an ounce of platinum in Azerbaijan this week decreased by 22.26 manat, or $13 (1.31 percent). The weighted average cost of an ounce of platinum grew by 57.37 manat, or $33.7 (3.54 percent), to 1,679 manat ($987.6) compared to last week's figure.

Platinum ounce value change

September 9

1,587 manat ($933.5)

September 16

1,703 manat ($1,001)

September 10

1,601 manat ($941.7)

September 17

1,679.9 manat ($988)

September 11

1,605 manat ($944)

September 18

1,668 manat ($981)

September 12

1,633 manat ($960.59)

September 19

1,662 manat ($977.6)

September 13

1,679 manat ($987.6)

September 20

1,681 manat ($988.8)

Weekly average

1,621 manat ($953.5)

Weekly average

1,679 manat ($987.6)

The price for an ounce of palladium in Azerbaijan grew by 18.4 manat, or $10.8 (1.01 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 1,846 manat ($1,086).

Palladium ounce value change

September 9

1,565 manat ($920.59)

September 16

1,829 manat ($1,076)

September 10

1,621 manat ($953.5)

September 17

1,851 manat ($1,089)

September 11

1,666 manat ($980)

September 18

1,887 manat ($1,110)

September 12

1,739 manat ($1,023)

September 19

1,817 manat ($1,069)

September 13

1,787 manat ($1,051)

September 20

1,847 manat ($1,086)

Weekly average

1,676 manat ($986)

Weekly average

1,846 manat ($1,086)

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