Weekly Review Of Azerbaijan's Precious Metals Market

2025-03-15 03:12:57

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 15. The valuation of an ounce of Gold in Azerbaijan increased by 128 manat, or $75.2 (2.6 percent), this week, Trend reports.

The weighted average cost of an ounce of gold went up by 54.8 manat, or $32.2 (1.11 percent), compared to last week's figure, settling at 4,982 manat ($2,930).

Gold ounce value change
March 3	4,874 manat ($2,867)	March 10	4,947 manat ($2,909)
March 4	4,914 manat ($2,890)	March 11	4,926 manat ($2,897)
March 5	4,947 manat ($2,909)	March 12	4,955 manat ($2,914)
March 6	4,959 manat ($2,917)	March 13	5,006 manat ($2,944)
March 7	4,941 manat ($2,906)	March 14	5,075 manat ($2,985)
Weekly average	4,927 manat ($2,898)	Weekly average	4,982 manat ($2,930)

During the week, the price of an ounce of silver in Azerbaijan rose 2.44 manat, or $1.43 (4.4 percent). The weighted average cost of an ounce of silver came in at 55.88 manat ($32.87), which is 2.65 percent or 1.44 manat (0.84 cents) more than last week's tally.

Silver ounce value change
March 3	53.1 manat ($31.2)	March 10	55.1 manat ($32.4)
March 4	53.8 manat ($31.6)	March 11	54.7 manat ($32.1)
March 5	54.3 manat ($31.9)	March 12	55.6 manat ($32.7)
March 6	55.3 manat ($32.5)	March 13	56.3 manat ($33.1)
March 7	55.4 manat ($32.5)	March 14	57.5 manat ($33.8)
Weekly average	54.4 manat ($31.9)	Weekly average	55.8 manat ($32.8)

The price of an ounce of platinum in Azerbaijan increased by 54.2 manat ($31.8) or 3.3 percent during the week. The weighted average price of an ounce of platinum increased by 30.4 manat ($17.8), or 1.86 percent, compared to last week and amounted to 1,666 manat ($979.9).

Platinum ounce value change
March 3	1,661 manat ($977)	March 10	1,645 manat ($967.6)
March 4	1,641 manat ($965.2)	March 11	1,636 manat ($962.3)
March 5	1,642 manat ($965.8)	March 12	1,675 manat ($985.2)
March 6	1,641 manat ($965.2)	March 13	1,676 manat ($985.8)
March 7	1,616 manat ($950.5)	March 14	1,699 manat ($999.4)
Weekly average	1,636 manat ($962.3)	Weekly average	1,666 manat ($979.9)

Moreover, this week, the price of an ounce of platinum in Azerbaijan went up by 32.42 manat ($19), or 2 percent. Meanwhile, the weighted average cost of an ounce of platinum increased by 21.2 manat, or $12.4 (1.33 percent), landing on 1,623 manat ($954.7) compared to last week's numbers.

Palladium ounce value change
March 3	1,586 manat ($932.9)	March 10	1,617 manat ($951.1)
March 4	1,587 manat ($933.5)	March 11	1,605 manat ($944.1)
March 5	1,617 manat ($951.1)	March 12	1,610 manat ($947)
March 6	1,610 manat ($947)	March 13	1,632 manat ($959.9)
March 7	1,607 manat ($945.2)	March 14	1,650 manat ($970.5)
Weekly average	1,601 manat ($941.7)	Weekly average	1,623 manat ($954.7)

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