Weekly Review Of Azerbaijan's Precious Metals Market

2025-08-16 06:06:04

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 16. The price of an ounce of gold in Azerbaijan grew by 48 manat ($28), or 0.8 percent, as observed at the conclusion of this week, Trend reports.

The weighted average cost of an ounce of gold grew by 28.4 manat ($16.7), or 0.5 percent, compared to last week's figure, totaling 5,708 manat ($3,360).

Gold ounce value change
August 4	5,710 manat ($3,360)	August 11	5,739 manat ($3,380)
August 5	5,730 manat ($3,370)	August 12	5,702 manat ($3,354)
August 6	5,732 manat ($3,330)	August 13	5,698 manat ($3,350)
August 7	5,742 manat ($3,380)	August 14	5,713 manat ($3,360)
August 8	5,771 manat ($3,390)	August 15	5,691 manat ($3,347)
Average weekly rate	5,737 manat ($3,370)	Average weekly rate	5,708 manat ($3,360)

The price of an ounce of silver in Azerbaijan went up by 0.02 manat, or $0.01 (0.03 percent), this week. The weighted average cost of an ounce of silver amounted to 64.8 manat ($38), which is 1.1 percent, or 0.7 manat ($0.4), more than last week's figure.

Silver ounce value change
August 4	63 manat ($37)	August 11	64.67 manat ($38.04)
August 5	63.56 manat ($37.39)	August 12	64.4 manat ($37.9)
August 6	64.2 manat ($37.7)	August 13	64.9 manat ($38.18)
August 7	64.69 manat ($38)	August 14	65.56 manat ($38.56)
August 8	65 manat ($38)	August 15	64.69 manat ($38.06)
Average weekly rate	64.12 manat ($37.7)	Average weekly rate	64.8 manat ($38)

The price of an ounce of platinum in Azerbaijan elevated by 58 manat ($34), or 2.6 percent, this week. The weighted average cost of an ounce of platinum went up by 24.3 manat, or $14.3 (1.1 percent), to 2,276 manat ($1,340) compared to last week's figure.

Platinum ounce value change
August 4	2,227 manat ($1,310)	August 11	2,249 manat ($1,320)
August 5	2,253 manat ($1,330)	August 12	2,268 manat ($1,330)
August 6	2,242 manat ($1,320)	August 13	2,277.68 manat ($1,339.8)
August 7	2,266 manat ($1,333)	August 14	2,277.89 manat ($1,339.9)
August 8	2,269 manat ($1,334)	August 15	2,307 manat ($1,360)
Average weekly rate	2,251 manat ($1,320)	Average weekly rate	2,276 manat ($1,340)

During the week, the price of an ounce of palladium in Azerbaijan rose by 30.3 manat ($17.8), or 1.6 percent. The weighted average price of an ounce of palladium declined by 61 manat ($35.88), or three percent, compared to last week, to 1,938 manat ($1,140).

Palladium ounce value change
August 4	2,043 manat ($1,200)	August 11	1,920 manat ($1,130)
August 5	2,050 manat ($1,210)	August 12	1,955 manat ($1,150)
August 6	1,987 manat ($1,170)	August 13	1,924 manat ($1,131)
August 7	1,956 manat ($1,150)	August 14	1,942 manat ($1,140)
August 8	1,960 manat ($1,150)	August 15	1,950 manat ($1,147)
Average weekly rate	1,999 manat ($1,180)	Average weekly rate	1,938 manat ($1,140)

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