Weekly Review Of Azerbaijan's Precious Metals Market

2024-08-10 03:09:39

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 10. The price of an ounce of gold in Azerbaijan fell by 47.5 manat, or $27.76 (1.14 percent), at the end of this week. The weighted average cost of an ounce of gold decreased by 11.6 manat, or $6.7 (0.28 percent) compared to the previous week's figure, amounting to 4,104 manat ($2,399), Trend reports.

Gold ounce value change
July 29	4,071 manat ($2,394)	August 5	4,167 manat ($2,451)
July 30	4,056 manat ($2,385)	August 6	4,093 manat ($2,407)
July 31	4,116 manat ($2,421)	August 7	4,068 manat ($2,392)
August 1	4,155 manat ($2,444)	August 8	4,070 manat ($2,394)
August 2	4,178 manat ($2,457)	August 9	4,120 manat ($2,423)
Weekly average	4,115 manat ($2,420)	Weekly average	4,104 manat ($2,414)

The price of an ounce of silver in Azerbaijan fell by 1.58 manat, or $0.92 (3.27 percent), this week. The weighted average cost of an ounce of silver amounted to 46.7 manat, or $27.3, which is 3.4 percent or 1.64 manat ($0.96) less than the previous week's figure.

Silver ounce value change
July 29	47.7 manat ($28.06)	August 5	48.5 manat ($28.53)
July 30	47.4 manat ($27.88)	August 6	46.2 manat ($27.18)
July 31	48.6 manat ($28.59)	August 7	46.3 manat ($27.24)
August 1	49.1 manat ($28.88)	August 8	45.7 manat ($26.88)
August 2	49 manat ($28.82)	August 9	46.9 manat ($27.59)
Weekly average	48.4 manat ($28.47)	Weekly average	46.7 manat ($27.47)

The price of an ounce of platinum in Azerbaijan last week decreased by 24.18 manat, or $14.1 (1.49 percent). The weighted average cost of an ounce of platinum decreased by 54.88 manat, or $32.08 (3.35 percent), to 1,582 manat ($924.8) compared to last week's figure.

Platinum ounce value change
July 29	1,609 manat ($946.47)	August 5	1,617 manat ($951.18)
July 30	1,621 manat ($953.53)	August 6	1,557 manat ($915.88)
July 31	1,646 manat ($968.24)	August 7	1,570 manat ($923.53)
August 1	1,658 manat ($975.29)	August 8	1,573 manat ($925.29)
August 2	1,650 manat ($970.59)	August 9	1,593 manat ($937.06)
Weekly average	1,637 manat ($962.94)	Weekly average	1,582 manat ($930.59)

The price for an ounce of palladium in Azerbaijan increased by 71.3 manat, or $46.68 (4.73 percent), during this week. The weighted average cost of an ounce of palladium decreased by 33.8 percent, or 2.18 manat ($5), compared to the indicator of the previous week, amounting to 1,516 manat ($886.2).

Palladium ounce value change
July 29	1,548 manat ($910.59)	August 5	1,506 manat ($885.88)
July 30	1,541 manat ($906.47)	August 6	1,461 manat ($859.41)
July 31	1,535 manat ($902.94)	August 7	1,505 manat ($885.29)
August 1	1,578 manat ($928.24)	August 8	1,529 manat ($899.41)
August 2	1,547 manat ($910)	August 9	1,578 manat ($928.24)
Weekly average	1,550 manat ($911.76)	Weekly average	1,516 manat ($891.76)

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