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Weekly review of Azerbaijan's precious metals market

Finance Materials 6 October 2024 01:18 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 6. The price of an ounce of gold in Azerbaijan grew by 15 manat, or $8.8 (0.33 percent), at the end of this week, Trend reports.

The weighted average cost of an ounce of gold rose by 4.69 manat, or $2.76 (0.1 percent) compared to last week's figure, amounting to 4,512 manat ($2,654).

Gold ounce value change

September 23

4,470 manat ($2,629)

September 30

4,515 manat ($2,655)

September 24

4,483 manat ($2,637)

October 1

4,488 manat ($2,640)

September 25

4,520 manat ($2,658)

October 2

4,512.4 manat ($2,654.3)

September 26

4,522 manat ($2,660)

October 3

4,522 manat ($2,660)

September 27

4,540 manat ($2,670)

October 4

4,530 manat ($2,664)

Weekly average

4,507 manat ($2,651)

Weekly average

4,512 manat ($2,654)

The price of an ounce of silver in Azerbaijan rose by 1.05 manat, or 62 cents (1.97 percent), this week. The weighted average cost of an ounce of silver amounted to 53.7 manat ($31.59), which is 0.02 percent or 0.0097 manat (0.57 cents) more than last week's figure.

Silver ounce value change

September 23

52.88 manat ($31)

September 30

53.7 manat ($31.59)

September 24

52.87 manat ($30.9)

October 1

53.3 manat ($31.3)

September 25

54.26 manat ($31.92)

October 2

53 manat ($31.18)

September 26

54.18 manat ($31.87)

October 3

53.67 manat ($31.57)

September 27

54.29 manat ($31.9)

October 4

54.76 manat ($32.2)

Weekly average

53.69 manat ($31.58)

Weekly average

53.7 manat ($31.59)

The price of an ounce of platinum in Azerbaijan this week increased by 11.26 manat, or $6.6 (0.66 percent). The weighted average cost of an ounce of platinum went up by 15.2 manat, or $8.9 (0.91 percent), to 1,692 manat ($986.47) compared to last week's figure.

Platinum ounce value change

September 23

1,652 manat ($971.7)

September 30

1,699 manat ($999.4)

September 24

1,649 manat ($970)

October 1

1,674 manat ($984.7)

September 25

1,678 manat ($987)

October 2

1,684 manat ($990)

September 26

1,698 manat ($998.8)

October 3

1,694 manat ($996.47)

September 27

1,709 manat ($1,005)

October 4

1,710 manat ($1,005)

Weekly average

1,677 manat ($986.47)

Weekly average

1,692 manat ($986.47)

The price for an ounce of palladium in Azerbaijan grew by 8.2 manat, or $4.8 (0.48 percent), during this week. The weighted average cost of an ounce of palladium lowered by 4.23 percent, or 75.68 manat ($44.5), compared to the indicator of the previous week, amounting to 1,713 manat ($1,007).

Palladium ounce value change

September 23

1,802 manat ($1,060)

September 30

1,720 manat ($1,011)

September 24

1,799 manat ($1,058)

October 1

1,703 manat ($1,001)

September 25

1,788 manat ($1,051)

October 2

1,708 manat ($1,004)

September 26

1,786 manat ($1,050)

October 3

1,705 manat ($1,003)

September 27

1,768 manat ($1,040)

October 4

1,728 manat ($1,016)

Weekly average

1,789 manat ($1,052)

Weekly average

1,713 manat ($1,007)

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