Tuesday, 02 January 2024 12:17 GMT

Weekly Review Of Azerbaijan's Precious Metals Market


(MENAFN- Trend News Agency) BAKU, Azerbaijan, January 10. The price of an ounce of gold in Azerbaijan decreased by 100.1 manat ($58.8), or 1.3%, over the week,Trend reports.

The weighted average price of one ounce of gold rose by 11.2 manat ($6.59), or 0.1%, compared to the previous week, and amounted to 7,558 manat ($4,445).

Gold ounce value change

December 29

7,675 manat ($4,514)

January 5

7,488 manat ($4,404)

December 30

7,419 manat ($4,363)

January 6

7,594 manat ($4,466)

December 31

-

January 7

7,589 manat ($4,463)

January 1

-

January 8

7,532 manat ($4,429)

January 2

-

January 9

7,588 manat ($4,462)

Average weekly rate

7,547 manat ($4,438)

Average weekly rate

7,558 manat ($4,445)

This week, the price of an ounce of silver in Azerbaijan rose by 1.83 manat ($1.08), or 6.7%. The average price of one ounce of silver was 131.1 manat ($77.1), which is 0.80 manat ($0.47), or 0.6%, more than the previous week.

Silver ounce value change

December 29

135.6 manat ($79.7)

January 5

128.3 manat ($75.4)

December 30

126.6 manat ($74.4)

January 6

133.7 manat ($78.6)

December 31

-

January 7

135.3 manat ($79.5)

January 1

-

January 8

131.9 manat ($77.5)

January 2

-

January 9

130.2 manat ($76.5)

Average weekly rate

131.1 manat ($77.1)

Average weekly rate

131.9 manat ($77.5)

The price of an ounce of platinum in Azerbaijan increased by 93.2 manat ($54.8), or 2.5%. The average price of one ounce of platinum went down by 38.6 manat ($22.7), or 1%, compared to the previous week, and amounted to 3,872 manat ($2,277).

Platinum ounce value change

December 29

4,137 manat ($2,433)

January 5

3,731 manat ($2,194)

December 30

3,684 manat ($2,166)

January 6

3,964 manat ($2,331)

December 31

-

January 7

3,972 manat ($2,336)

January 1

-

January 8

3,867 manat ($2,274)

January 2

-

January 9

3,824 manat ($2,249)

Average weekly rate

3,910 manat ($2,299)

Average weekly rate

3,872 manat ($2,277)

During the week, the price of an ounce of palladium in Azerbaijan decreased by 204.5 manat ($120.2), or 7.2%. The average price of one ounce of palladium went up by 51.6 manat ($30.3), or 1.8%, compared to the previous week, and amounted to 2,970 manat ($1,746).

Palladium ounce value change

December 29

3,072 manat ($1,806)

January 5

2,844 manat ($1,672)

December 30

2,765 manat ($1,626)

January 6

2,969 manat ($1,746)

December 31

-

January 7

3,012 manat ($1,771)

January 1

-

January 8

2,977 manat ($1,750)

January 2

-

January 9

3,049 manat ($1,793)

Average weekly rate

2,919 manat ($1,716)

Average weekly rate

2,970 manat ($1,746)

*Due to the public holidays in Azerbaijan from December 31, 2025, through January 1 and 2, 2026, the exchange rate for those days wasn't disclosed.

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Trend News Agency

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