Weekly Review Of Azerbaijan's Precious Metals Market


(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 11. The price of oneounce of gold in Azerbaijan increased by 75.5 manat, or $44.4 (1.92percent) at the end of this week, Trend reports.

In comparison to last week, the weighted average cost of oneounce of gold experienced a growth of 18.6 manat or $10.9 (0.47percent), totaling 3,952 manat ($2,324)

Gold ounce value change

April 29

3,969 manat ($2,335)

May 6

3,926 manat ($2,309)

April 30

3,953 manat ($2,325)

May 7

3,948 manat ($2,322)

May 1

3,883 manat ($2,284)

May 8

3,941 manat ($2,318)

May 2

3,937 manat ($2,315)

May 9

3,941 manat ($2,318)

May 3

3,923 manat ($2,307)

May 10

4,002 manat ($2,354)

Weekly average

3,933 manat ($2,313)

Weekly average

3,952 manat ($2,324)

The price of an ounce of silver in Azerbaijan grew by 2.53 manator $1.49 (5.54 percent) in the reporting period. The weightedaverage cost of an ounce of silver amounted to 46.7 manat ($27.4),which is 2.66 percent or 1.2 manat (71 cents) more than last week'sfigure.

Silver ounce value change

April 29

46.4 manat ($27.3)

May 6

45.7 manat ($26.88)

April 30

45.7 manat ($26.9)

May 7

46.48 manat ($27.3)

May 1

44.9 manat ($26.4)

May 8

46.53 manat ($27.37)

May 2

45.4 manat ($26.7)

May 9

46.53 manat ($27.37)

May 3

45.5 manat ($26.8)

May 10

48.27 manat ($28.39)

Weekly average

45.5 manat ($26.8)

Weekly average

46.7 manat ($27.4)

The price of an ounce of platinum in Azerbaijan during this weekrose by 53.3 manat or $31.3 (3.29 percent). The weighted averagecost of an ounce of platinum increased by 46.29 manat or $27.2(2.88 percent) to 1,652 manat ($945.1) compared to last week'sfigure.

Platinum ounce value change

April 29

1,567 manat ($921.7)

May 6

1,622 manat ($954)

April 30

1,613 manat ($948.8)

May 7

1,640 manat ($964.7)

May 1

1,592 manat ($936.5)

May 8

1,663 manat ($978.2)

May 2

1,631 manat ($959.4)

May 9

1,631 manat ($959.4)

May 3

1,629 manat ($958.2)

May 10

1,675 manat ($985.29)

Weekly average

1,607 manat ($945.3)

Weekly average

1,652 manat ($945.1)

The price for an ounce of palladium in Azerbaijan increased by41.3 manat or $24.29 (2.56 percent) during this week. The weightedaverage cost of an ounce of palladium grew by 1.87 percent, or30.28 manat ($17.8) compared to the indicator of last week,amounting to 1,652 manat ($971.7).

Palladium ounce value change

April 29

1,639 manat ($964.1)

May 6

1,615 manat ($950)

April 30

1,649 manat ($969.9)

May 7

1,673 manat ($984)

May 1

1,610 manat ($947.1)

May 8

1,660 manat ($974.5)

May 2

1,624 manat ($955.3)

May 9

1,660 manat ($974.5)

May 3

1,591 manat ($935.9)

May 10

1,656 manat ($974)

Weekly average

1,623 manat ($954.7)

Weekly average

1,652 manat ($971.7)

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