Weekly Review Of Azerbaijan's Precious Metals Market

2025-07-05 10:03:33

(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 6. The price of an ounce of gold in Azerbaijan increased by 94.5 manat, or $55.6 (1.7 percent), at the end of this week, Trend reports.

The weighted average cost of an ounce of gold decreased by 28 manat, or $16.47 (0.5 percent), compared to last week's figure, totaling 5,658 manat ($3,330).

Gold ounce value change
June 23	5,710 manat ($3,360)	June 30	5,586 manat ($3,290)
June 24	5,692 manat ($3,350)	July 1	5,650 manat ($3,320)
June 25	5,655 manat ($3,330)	July 2	5,677 manat ($3,340)
June 26	-	July 3	5,696 manat
June 27	-	July 4	($3,350)
Average weekly rate	5,686 manat ($3,340	Average weekly rate	5,658 manat ($3,330)

The price of an ounce of silver in Azerbaijan rose by 1.6 manat, or $0.95 (1.9 percent), this week. The weighted average cost of an ounce of silver amounted to 61.78 manat, or $36.34, which is one percent, or 0.48 manat ($0.28), more than last week's figure.

Silver ounce value change
June 23	61.29 manat ($36.05)	June 30	61.48 manat ($36.16)
June 24	61.48 manat ($36.16)	July 1	61.5 manat ($36.18)
June 25	61.13 manat ($35.9)	July 2	61.37 manat ($36.1)
June 26	-	July 3	61.9 manat ($36.4)
June 27	-	July 4	62.6 manat ($36.8)
Average weekly rate	61.3 manat ($36.06)	Average weekly rate	61.78 manat ($36.34)

The price of an ounce of platinum in Azerbaijan this week grew by 36.15 manat, or $21.26 (1.6 percent). The weighted average cost of an ounce of platinum lifted by 138.6 manat, or $81.5 (6.3 percent), to 2,340 manat ($1,380) compared to last week's figure.

Platinum ounce value change
June 23	2,156 manat ($1,270)	June 30	2,328 manat ($1,370)
June 24	2,203 manat ($1,301)	July 1	2,306 manat ($1,356)
June 25	2,246 manat ($1,320)	July 2	2,313 manat ($1,360)
June 26	-	July 3	2,390 manat ($1,410)
June 27	-	July 4	2,364 manat ($1,390)
Average weekly rate	2,202 manat ($1,300)	Average weekly rate	2,340 manat ($1,380)

During the week, the price of an ounce of palladium in Azerbaijan decreased by 15 manat ($8.8), or 0.8 percent. The weighted average price of an ounce of palladium surged by 125.6 manat ($74), or seven percent, compared to last week, to 1,929 manat ($1,130).

Palladium ounce value change
June 23	1,785 manat ($1,050)	June 30	1,960 manat ($1,150)
June 24	1,815 manat ($1,067)	July 1	1,899 manat ($1,117)
June 25	1,812 manat ($1,063)	July 2	1,902 manat ($1,120)
June 26	-	July 3	1,941 manat ($1,142)
June 27	-	July 4	1,945 manat ($1,144)
Average weekly rate	1,804 manat ($1,060)	Average weekly rate	1,929 manat ($1,130)

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

MENAFN05072025000187011040ID1109764296

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.