Weekly Review Of Azerbaijan's Precious Metals Market

2025-08-31 02:05:17

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 31. The price of an ounce of gold in Azerbaijan rose by 70.7 manat ($41.5), or 1.3 percent, as observed at the conclusion of this week, Trend reports.

The weighted average cost of an ounce of gold increased by 79.8 manat ($46.9), or 1.40 percent, compared to last week's figure, totaling 5,751 manat ($3,381).

Gold ounce value change
August 18	5,708 manat ($3,355)	August 25	5,720 manat ($3,362)
August 19	5,675 manat ($3,336)	August 26	5,742 manat ($3,375)
August 20	5,642 manat ($3,317)	August 27	5,737 manat ($3,372)
August 21	5,674 manat ($3,335)	August 28	5,763 manat ($3,388)
August 22	5,658 manat ($3,326)	August 29	5,794 manat ($3,406)
Average weekly rate	5,671 manat ($3,334)	Average weekly rate	5,751 manat ($3,381)

The price of an ounce of silver in Azerbaijan went up by 0.04 manat, or $0.02 (0.07 percent), this week. The weighted average cost of an ounce of silver amounted to 65.8 manat ($38.6), which is 2.3 percent, or 1.51 manat ($0.88), more than last week's figure.

Silver ounce value change
August 18	64.8 manat ($38)	August 25	65.9 manat ($38.7)
August 19	64.4 manat ($37.8)	August 26	66 manat ($38.8)
August 20	63.2 manat ($37.1)	August 27	65.3 manat ($38.3)
August 21	64.4 manat ($37.8)	August 28	65.8 manat ($38.6)
August 22	64.6 manat ($37.9)	August 29	66 manat ($38.8)
Average weekly rate	64.3 manat ($37.8)	Average weekly rate	65.8 manat ($38.6)

The price of an ounce of platinum in Azerbaijan decreased by 4.19 manat ($2.46), or 0.2 percent, this week. The weighted average cost of an ounce of platinum went down by 29.5 manat, or $17.3 (1.3 percent), to 2,298 manat ($1,351) compared to last week's figure.

Platinum ounce value change
August 18	2,286 manat ($1,344)	August 25	2,306 manat ($1,355)
August 19	2,260 manat ($1,328)	August 26	2,289 manat ($1,345)
August 20	2,234 manat ($1,313)	August 27	2,301 manat ($1,352)
August 21	2,273 manat ($1,336)	August 28	2,292 manat ($1,347)
August 22	2,288 manat ($1,345)	August 29	2,302 manat ($1,353)
Average weekly rate	2,268 manat ($1,333)	Average weekly rate	2,298 manat ($1,351)

During the week, the price of an ounce of palladium in Azerbaijan fell by 22.8 manat ($13.4), or 1.2 percent. The weighted average price of an ounce of palladium declined by 19.2 manat ($11.2), or 1 percent, compared to last week, to 1,878 manat ($1,104).

Palladium ounce value change
August 18	1,909 manat ($1,122)	August 25	1,901 manat ($1,117)
August 19	1,898 manat ($1,115)	August 26	1,870 manat ($1,099)
August 20	1,882 manat ($1,106)	August 27	1,872 manat ($1,100)
August 21	1,892 manat ($1,112)	August 28	1,861 manat ($1,094)
August 22	1,897 manat ($1,115)	August 29	1,878 manat ($1,104)
Average weekly rate	1,896 manat ($1,114)	Average weekly rate	1,876 manat ($1,102)

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