Weekly Review Of Azerbaijan's Precious Metals Market

2025-06-29 08:06:07

(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 29. The price of an ounce of gold in Azerbaijan decreased by 54.38 manat, or $32 (0.9 percent), at the end of this week, Trend reports.

The weighted average cost of an ounce of gold decreased by 55.73 manat, or $32.78 (one percent), compared to last week's figure, totaling 5,686 manat ($3,340).

Gold ounce value change
June 17	5,771 manat ($3,390)	June 23	5,710 manat ($3,360)
June 18	5,772 manat ($3,395)	June 24	5,692 manat ($3,350)
June 19	5,737 manat ($3,370)	June 25	5,655 manat ($3,330)
June 20	5,702 manat ($3,350)	June 26	-
June 21	5,726 manat ($3,370)	June 27	-
Average weekly rate	5,742 manat ($3,380)	Average weekly rate	5,686 manat ($3,340

The price of an ounce of silver in Azerbaijan decreased by 0.1586 manat, or $0.093 (0.3 percent), this week. The weighted average cost of an ounce of silver amounted to 61.3 manat, or $36.06, which is one percent, or 0.64 manat ($0.38), less than last week's figure.

Silver ounce value change
June 17	61.9 manat ($36)	June 23	61.29 manat ($36.05)
June 18	62.35 manat ($36.68)	June 24	61.48 manat ($36.16)
June 19	62.5 manat ($36.76)	June 25	61.13 manat ($35.9)
June 20	60.7 manat ($35.7)	June 26	-
June 21	61.2 manat ($36)	June 27	-
Average weekly rate	61.94 manat ($36.44)	Average weekly rate	61.3 manat ($36.06)

The price of an ounce of platinum in Azerbaijan this week surged by 89.5 manat, or $52.6 (4.1 percent). The weighted average cost of an ounce of platinum lifted by 17.8 manat, or $10.47 (0.8 percent), to 2,202 manat ($1,300) compared to last week's figure.

Platinum ounce value change
June 17	2,127 manat ($1,250)	June 23	2,156 manat ($1,270)
June 18	2,162 manat ($1,270)	June 24	2,203 manat ($1,301)
June 19	2,280 manat ($1,340)	June 25	2,246 manat ($1,320)
June 20	2,166 manat ($1,270)	June 26	-
June 21	2,157 manat ($1,268)	June 27	-
Average weekly rate	2,184 manat ($1,280)	Average weekly rate	2,202 manat ($1,300)

During the week, the price of an ounce of palladium in Azerbaijan grew by 26.45 manat ($15.56), or 1.5 percent. The weighted average price of an ounce of palladium went up by 19.5 manat ($11.47), or 1.1 percent, compared to last week, to 1,804 manat ($1,060).

Palladium ounce value change
June 17	1,757 manat ($1,030)	June 23	1,785 manat ($1,050)
June 18	1,797 manat ($1,060)	June 24	1,815 manat ($1,067)
June 19	1,808 manat ($1,063)	June 25	1,812 manat ($1,063)
June 20	1,777 manat ($1,045)	June 26	-
June 21	1,782 manat ($1,048)	June 27	-
Average weekly rate	1,784 manat ($1,050)	Average weekly rate	1,804 manat ($1,060)

Azerbaijan did not publish exchange rate data on June 26 and 27, Armed Forces Day, as the dates fell on non-working days.

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