Weekly Review Of Azerbaijan's Precious Metals Market

2025-11-02 04:45:04

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 2. The price of an ounce of gold in Azerbaijan declined by 110 manat ($64.7), or 1.6 percent, as this week drew to a close, Trend reports.

The weighted average cost of an ounce of gold decreased by 327.3 manat ($192.5), or 4.6 percent, compared to last week's figure, totaling 6,791 manat ($3,994).

Gold ounce value change
October 20	7,251 manat ($4,264)	October 27	6,918 manat ($4,069)
October 21	7,383 manat ($4,342)	October 28	6,756 manat ($3,973)
October 22	7,016 manat ($4,126)	October 29	6,719 manat ($3,952)
October 23	6,954 manat ($4,090)	October 30	6,755 manat ($3,973)
October 24	6,989 manat ($4,110)	October 31	6,808 manat ($4,004)
Average weekly rate	7,119 manat ($4,187)	Average weekly rate	6,791 manat ($3,994)

This week, the price of an ounce of silver in Azerbaijan took a leap, ascending by 1.52 manat, or $0.89, which is a jump of 1.9 percent. The weighted average cost of an ounce of silver amounted to 81.1 manat ($47.7), down 3.90 manat ($2.29), or 4.6 percent, more than last week's figure.

Silver ounce value change
October 20	88.6 manat ($52.1)	October 27	81.5 manat ($47.9)
October 21	88.4 manat ($52)	October 28	79.3 manat ($46.6)
October 22	83.2 manat ($48.9)	October 29	80.5 manat ($47.3)
October 23	82.5 manat ($48.5)	October 30	81.2 manat ($47.7)
October 24	82.5 manat ($48.5)	October 31	83.1 manat ($48.8)
Average weekly rate	85 manat ($50)	Average weekly rate	81.1 manat ($47.7)

The price of an ounce of platinum in Azerbaijan increased by 17.2 manat ($10.1), or 0.6 percent, this week. The weighted average cost of an ounce of platinum fell to 2,717 manat ($1,598), down 2.73 manat ($1.61) or 0.1 percent, compared to last week's figure.

Platinum ounce value change
October 20	2,719 manat ($1,599)	October 27	2,735 manat ($1,608)
October 21	2,778 manat ($1,633)	October 28	2,692 manat ($1,583)
October 22	2,608 manat ($1,533)	October 29	2,680 manat ($1,576)
October 23	2,729 manat ($1,605)	October 30	2,729 manat ($1,605)
October 24	2,767 manat ($1,627)	October 31	2,752 manat ($1,618)
Average weekly rate	2,720 manat ($1,599)	Average weekly rate	2,717 manat ($1,598)

During the week, the price of an ounce of palladium in Azerbaijan rose by 70.2 manat ($41.2), or 2.9 percent. The weighted average price of an ounce of palladium stood at 2,472 manat ($1,453), which is 44.9 manat ($26.4), or 1.8 percent, lower compared to last week.

Palladium ounce value change
October 20	2,514 manat ($1,478)	October 27	2,429 manat ($1,428)
October 21	2,556 manat ($1,503)	October 28	2,409 manat ($1,416)
October 22	2,419 manat ($1,422)	October 29	2,371 manat ($1,394)
October 23	2,437 manat ($1,433)	October 30	2,427 manat ($1,427)
October 24	2,435 manat ($1,432)	October 31	2,499 manat ($1,469)
Average weekly rate	2,472 manat ($1,453)	Average weekly rate	2,427 manat ($1,427)

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