Weekly Review Of Azerbaijan's Precious Metals Market

2025-08-24 09:08:21

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 24. The price of an ounce of gold in Azerbaijan fell by 50.7 manat ($29.8), or 0.9 percent, as observed at the conclusion of this week,Trend reports.

The weighted average cost of an ounce of gold dropped by 37.2 manat ($21.8), or 0.6 percent, compared to last week's figure, totaling 5,671 manat ($3,334).

Gold ounce value change
August 11	5,739 manat ($3,374)	August 18	5,708 manat ($3,355)
August 12	5,702 manat ($3,352)	August 19	5,675 manat ($3,336)
August 13	5,698 manat ($3,349)	August 20	5,642 manat ($3,317)
August 14	5,713 manat ($3,358)	August 21	5,674 manat ($3,335)
August 15	5,691 manat ($3,345)	August 22	5,658 manat ($3,326)
Average weekly rate	5,708 manat ($3,355)	Average weekly rate	5,671 manat ($3,334)

The price of an ounce of silver in Azerbaijan went down by 0.19 manat, or $0.11 (0.3 percent), this week. The weighted average cost of an ounce of silver amounted to 64.3 manat ($37.8), which is 0.8 percent, or 0.52 manat ($0.30), less than last week's figure.

Silver ounce value change
August 11	64.6 manat ($37.9)	August 18	64.8 manat ($38)
August 12	64.4 manat ($37.8)	August 19	64.4 manat ($37.8)
August 13	64.9 manat ($38.1)	August 20	63.2 manat ($37.1)
August 14	65.5 manat ($38.5)	August 21	64.4 manat ($37.8)
August 15	64.6 manat ($37.9)	August 22	64.6 manat ($37.9)
Average weekly rate	64.8 manat ($38)	Average weekly rate	64.3 manat ($37.8)

The price of an ounce of platinum in Azerbaijan increased by 2.32 manat ($1.36), or 0.1 percent, this week. The weighted average cost of an ounce of platinum went down by 7.25 manat, or $4.26 (0.3 percent), to 2,268 manat ($1,333) compared to last week's figure.

Platinum ounce value change
August 11	2,249 manat ($1,322)	August 18	2,286 manat ($1,343)
August 12	2,268 manat ($1,333)	August 19	2,260 manat ($1,328)
August 13	2,277 manat ($1,338)	August 20	2,234 manat ($1,313)
August 14	2,277 manat ($1,338)	August 21	2,273 manat ($1,336)
August 15	2,307 manat ($1,356)	August 22	2,288 manat ($1,345)
Average weekly rate	2,276 manat ($1,338)	Average weekly rate	2,268 manat ($1,333)

During the week, the price of an ounce of palladium in Azerbaijan fell by 11.9 manat ($6.99), or 0.6 percent. The weighted average price of an ounce of palladium declined by 42.4 manat ($24.9), or 2.2 percent, compared to last week, to 1,896 manat ($1,114).

Palladium ounce value change
August 11	1,920 manat ($1,128)	August 18	1,909 manat ($1,122)
August 12	1,955 manat ($1,149)	August 19	1,898 manat ($1,115)
August 13	1,923 manat ($1,130)	August 20	1,882 manat ($1,106)
August 14	1,942 manat ($1,141)	August 21	1,892 manat ($1,112)
August 15	1,950 manat ($1,146)	August 22	1,897 manat ($1,115)
Average weekly rate	,1,938 manat ($1,139)	Average weekly rate	1,896 manat ($1,114)

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