Weekly Review Of Azerbaijan's Precious Metals Market

2025-10-26 02:04:46

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 26. The price of an ounce of gold in Azerbaijan declined by 261.8 manat ($154), or 3.6 percent, as this week drew to a close, Trend reports.

The weighted average cost of an ounce of gold decreased by 25.6 manat ($15), or 0.3 percent, compared to last week's figure, totaling 7,119 manat ($4,185).

Gold ounce value change
October 13	6,894 manat ($4,053)	October 20	7,251 manat ($4,262)
October 14	7,084 manat ($4,164)	October 21	7,383 manat ($4,340)
October 15	7,104 manat ($4,176)	October 22	7,016 manat ($4,124)
October 16	7,197 manat ($4,231)	October 23	6,954 manat ($4,088)
October 17	7,442 manat ($4,375)	October 24	6,989 manat ($4,108)
Average weekly rate	7,144 manat ($4,199)	Average weekly rate	7,119 manat ($4,185)

This week, the price of an ounce of silver in Azerbaijan took a leap, descending by 6.07 manat, or $3.56, which is a jump of 6.8 percent. The weighted average cost of an ounce of silver amounted to 85 manat ($49.9), down 4.83 manat ($2.83), or 5.4 percent, more than last week's figure.

Silver ounce value change
October 13	87.5 manat ($51.4)	October 20	88.6 manat ($52)
October 14	90.5 manat ($53.2)	October 21	88.4 manat ($51.9)
October 15	88.7 manat ($52.1)	October 22	83.2 manat ($48.9)
October 16	90.2 manat ($53)	October 23	82.5 manat ($48.5)
October 17	92.5 manat ($54.3)	October 24	82.5 manat ($48.5)
Average weekly rate	89.9 manat ($52.8)	Average weekly rate	85 manat ($49.9)

The price of an ounce of platinum in Azerbaijan increased by 48.2 manat ($28.3), or 1.8 percent, this week. The weighted average cost of an ounce of platinum fell to 2,720 manat ($1,599), up 117.4 manat ($69) or 4.1 percent, compared to last week's figure.

Platinum ounce value change
October 13	2,778 manat ($1,633)	October 20	2,719 manat ($2,719)
October 14	2,851 manat ($1,676)	October 21	2,778 manat ($1,633)
October 15	2,808 manat ($1,650)	October 22	2,608 manat ($1,533)
October 16	2,835 manat ($1,666)	October 23	2,729 manat ($1,604)
October 17	2,916 manat ($1,714)	October 24	2,767 manat ($1,626)
Average weekly rate	2,838 manat ($1,668)	Average weekly rate	2,720 manat ($1,599)

During the week, the price of an ounce of palladium in Azerbaijan fell by 78.8 manat ($46.3), or 3.1 percent. The weighted average price of an ounce of palladium stood at 2,472 manat ($1,453), which is 130.8 manat ($76.8), or 5 percent, higher compared to last week.

Palladium ounce value change
October 13	2,457 manat ($1,444)	October 20	2,514 manat ($1,477)
October 14	2,564 manat ($1,507)	October 21	2,556 manat ($1,502)
October 15	2,606 manat ($1,532)	October 22	2,419 manat ($1,422)
October 16	2,628 manat ($1,545)	October 23	2,437 manat ($1,432)
October 17	2,759 manat ($1,622)	October 24	2,435 manat ($1,431)
Average weekly rate	2,603 manat ($1,530)	Average weekly rate	2,472 manat ($1,453)

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