Weekly Review Of Azerbaijan's Precious Metals Market

2025-11-08 07:12:36

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 9. The price of an ounce of gold in Azerbaijan fell by 10.8 manat ($6.35), or 0.2 percent, over the week, Trend reports.

The weighted average cost of an ounce of gold decreased by 9.82 manat ($5.78), or 0.1 percent, compared to last week's figure, totaling 6,782 manat ($3,989).

Gold ounce value change
October 27	6,918 manat ($4,069)	November 3	6,806 manat ($4,003)
October 28	6,756 manat ($3,974)	November 4	6,775 manat ($3,985)
October 29	6,719 manat ($3,952)	November 5	6,750 manat ($3,970)
October 30	6,755 manat ($3,973)	November 6	6,781 manat ($3,988)
October 31	6,808 manat ($4,004)	November 7	6,796 manat ($3,997)
Average weekly rate	6,791 manat ($3,994)	Average weekly rate	6,782 manat ($3,989)

This week, the price of an ounce of silver in Azerbaijan declined by 0.56 manat, or approximately $0.33, representing a 1.9 percent decrease. The weighted average cost of an ounce of silver amounted to 82 manat ($48.2), up 0.88 manat ($0.52), or 1.1 percent, more than last week's figure.

Silver ounce value change
October 27	81.5 manat ($47.9)	November 3	82.9 manat ($48.7)
October 28	79.3 manat ($46.6)	November 4	81.7 manat ($48)
October 29	80.5 manat ($47.3)	November 5	81.1 manat ($47.71)
October 30	81.2 manat ($47.7)	November 6	82 manat ($48.2)
October 31	83.1 manat ($48.8)	November 7	82.3 manat ($48.4)
Average weekly rate	81.1 manat ($47.7)	Average weekly rate	82 manat ($48.2)

The price of an ounce of platinum in Azerbaijan decreased by 80.4 manat ($10.1), or 3 percent, this week. The weighted average cost of an ounce of platinum fell to 2,656 manat ($1,598), down 61.2 manat ($1.61) or 2.3 percent, compared to last week's figure.

Platinum ounce value change
October 27	2,735 manat ($1,608)	November 3	2,712 manat ($1,595)
October 28	2,692 manat ($1,583)	November 4	2,665 manat ($1,567)
October 29	2,680 manat ($1,576)	November 5	2,619 manat ($1,540)
October 30	2,729 manat ($1,605)	November 6	2,654 manat ($1,561)
October 31	2,752 manat ($1,618)	November 7	2,632 manat ($1,548)
Average weekly rate	2,717 manat ($1,598)	Average weekly rate	2,656 manat ($1,562)

During the week, the price of an ounce of palladium in Azerbaijan fell by 80.3 manat ($41.2), or 3.4 percent. The weighted average price of an ounce of palladium stood at 2,409 manat ($1,453), which is 17.8 manat ($26.4), or 0.7 percent, lower compared to last week.

Palladium ounce value change
October 27	2,429 manat ($1,428)	November 3	2,445 manat ($1,438)
October 28	2,409 manat ($1,417)	November 4	2,426 manat ($1,427)
October 29	2,371 manat ($1,394)	November 5	2,384 manat ($1,402)
October 30	2,427 manat ($1,427)	November 6	2,428 manat ($1,428)
October 31	2,499 manat ($1,470)	November 7	2,364 manat ($1,390)
Average weekly rate	2,427 manat ($1,427)	Average weekly rate	2,409 manat ($1,417)

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