Weekly Review Of Azerbaijan's Precious Metals Market

2025-10-19 05:13:58

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 18. The price of an ounce of gold in Azerbaijan climbed by 547.1 manat ($321.6), or 7.9 percent, as this week drew to a close, Trend reports.

The weighted average cost of an ounce of gold increased by 362.6 manat ($213.1), or 5.3 percent, compared to last week's figure, totaling 7,144 manat ($4,199).

Gold ounce value change
October 6	6,697 manat ($3,937)	October 13	6,894 manat ($4,052)
October 7	6,760 manat ($3,974)	October 14	7,084 manat ($4,164)
October 8	6,842 manat ($4,022)	October 15	7,104 manat ($4,176)
October 9	6,865 manat ($4,035)	October 16	7,197 manat ($4,231)
October 10	6,745 manat ($3,965)	October 17	7,442 manat ($4,375)
Average weekly rate	6,782 manat ($3,987)	Average weekly rate	7,144 manat ($4,199)

This week, the price of an ounce of silver in Azerbaijan took a leap, climbing by 5.0594 manat, or $2.97, which is a jump of 5.8 percent. The weighted average cost of an ounce of silver amounted to 89.9 manat ($52.8), up 6.88 manat ($4.04), or 8.2 percent, more than last week's figure.

Silver ounce value change
October 6	82.5 manat ($48.5)	October 13	87.5 manat ($51.4)
October 7	82.6 manat ($48.5)	October 14	90.5 manat ($53.2)
October 8	82.4 manat ($48.4)	October 15	88.7 manat ($52.1)
October 9	83.4 manat ($49)	October 16	90.2 manat ($53)
October 10	84 manat ($49.3)	October 17	92.5 manat ($54.3)
Average weekly rate	83 manat ($48.7)	Average weekly rate	89.9 manat ($52.8)

The price of an ounce of platinum in Azerbaijan decreased by 138.3 manat ($81.3), or 5 percent, this week. The weighted average cost of an ounce of platinum rose to 2,838 manat ($1,668), up 53.8 manat ($31.6) or 1.9 percent, compared to last week's figure.

Platinum ounce value change
October 6	2,758 manat ($1,621)	October 13	2,778 manat ($1,633)
October 7	2,783 manat ($1,636)	October 14	2,851 manat ($1,676)
October 8	2,825 manat ($1,660)	October 15	2,808 manat ($1,650)
October 9	2,823 manat ($1,659)	October 16	2,835 manat ($1,666)
October 10	2,730 manat ($1,604)	October 17	2,916 manat ($1,714)
Average weekly rate	2,784 manat ($1,636)	Average weekly rate	2,838 manat ($1,668)

During the week, the price of an ounce of palladium in Azerbaijan fell by 301.8 manat ($177.4), or 12.2 percent. The weighted average price of an ounce of palladium stood at 2,603 manat ($1,530), which is 275.1 manat ($161.7), or 11.8 percent, higher compared to last week.

Palladium ounce value change
October 6	2,171 manat ($1,276)	October 13	2,457 manat ($1,444)
October 7	2,273 manat ($1,336)	October 14	2,564 manat ($1,507)
October 8	2,332 manat ($1,370)	October 15	2,606 manat ($1,532)
October 9	2,508 manat ($1,474)	October 16	2,628 manat ($1,545)
October 10	2,355 manat ($1,384)	October 17	2,759 manat ($1,622)
Average weekly rate	2,328 manat ($1,368)	Average weekly rate	2,603 manat ($1,530)

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