Weekly Review Of Azerbaijan's Precious Metals Market

2025-11-23 08:05:36

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 23. The price of an ounce of gold in Azerbaijan fell by 44.6 manat ($26.2), or 0.6 percent, over the week, Trend reports.

The weighted average cost of an ounce of gold decreased by 197.2 manat ($115.9), or 2.8 percent, compared to last week's figure, totaling 6,899 manat ($4,057).

Gold ounce value change
November 10	-	November 17	6,932 manat ($4,077)
November 11	-	November 18	6,820 manat ($4,011)
November 12	6,988 manat ($4,110)	November 19	6,927 manat ($4,074)
November 13	7,155 manat ($4,208)	November 20	6,927 manat ($4,074)
November 14	7,145 manat ($4,202)	November 21	6,888 manat ($4,051)
Average weekly rate	7,096 manat ($4,173)	Average weekly rate	6,899 manat ($4,057)

This week, the price of an ounce of silver in Azerbaijan declined by 1.91 manat ($1.12), or 2.2 percent. The weighted average cost of an ounce of silver amounted to 85.8 manat ($50.4), down 3.76 manat ($2.21), or 4.2 percent, more than last week's figure.

Silver ounce value change
November 10	-	November 17	86.4 manat ($50.8)
November 11	-	November 18	84.3 manat ($49.5)
November 12	86.8 manat ($51)	November 19	86.5 manat ($50.8)
November 13	91.7 manat ($53.9)	November 20	87.2 manat ($51.2)
November 14	90.1 manat ($53)	November 21	84.5 manat ($49.7)
Average weekly rate	89.5 manat ($52.6)	Average weekly rate	85.8 manat ($50.4)

The price of an ounce of platinum in Azerbaijan decreased by 77.2 manat ($45.4), or 2.9 percent, this week. The weighted average cost of an ounce of platinum fell to 2,614 manat ($1,537), down 108.7 manat ($63.9), or 4 percent, compared to last week's figure.

Platinum ounce value change
November 10	-	November 17	2,644 manat ($1,555)
November 11	-	November 18	2,588 manat ($1,522)
November 12	2,693 manat ($1,583)	November 19	2,616 manat ($1,538)
November 13	2,754 manat ($1,619)	November 20	2,654 manat ($1,561)
November 14	2,721 manat ($1,600)	November 21	2,567 manat ($1,509)
Average weekly rate	2,723 manat ($1,601)	Average weekly rate	2,614 manat ($1,537)

During the week, the price of an ounce of palladium in Azerbaijan fell by 81.5 manat ($47.9), or 3.4 percent. The weighted average price of an ounce of palladium stood at 2,366 manat ($1,391), which is 109.1 manat ($64.1), or 4.4 percent, less compared to last week.

Palladium ounce value change
November 10	-	November 17	2,400 manat ($1,411)
November 11	-	November 18	2,336 manat ($1,374)
November 12	2,439 manat ($1,434)	November 19	2,396 manat ($1,409)
November 13	2,524 manat ($1,484)	November 20	2,379 manat ($1,399)
November 14	2,462 manat ($1,448)	November 21	2,318 manat ($1,363)
Average weekly rate	2,475 manat ($1,455)	Average weekly rate	2,366 manat ($1,391)

To note, Azerbaijan observed November 10 and 11 as non-working days in honor of the nation's Victory Day.

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