Weekly Review Of Azerbaijan's Precious Metals Market

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 1. The price of an ounce of gold in Azerbaijan increased by 36.23 manat ($21.3), or 0.4%, over the week , Trend reports, citing the Central Bank of Azerbaijan (CBA).

The weighted average price of one ounce of gold grew 351.8 manat ($206.9), or 4.2%, compared to the previous week, reaching 8,801 manat ($5,174).

Gold ounce value change
February 16	8,460 manat ($4,977)	February 23	8,773 manat ($5,160)
February 17	8,419 manat ($4,953)	February 24	8,785 manat ($5,170)
February 18	8,388 manat ($4,934)	February 25	8,812 manat ($5,183)
February 19	8,477 manat ($4,987)	February 26	8,828 manat ($5,190)
February 20	8,503 manat ($5,002)	February 27	8,809 manat ($5,180)
Average weekly rate	8,449 manat ($4,970)	Average weekly rate	8,801 manat ($5,174)

This week, the price of an ounce of silver in Azerbaijan rose by 3.9 manat ($2.3), or 2.7%. The average price of an ounce of silver was 150.3 manat ($88.4), which is 20.3 manat ($11.9), or 15.6% more than the previous week.

Silver ounce value change
February 16	128 manat ($75.30)	February 23	148 manat ($87)
February 17	127.7 manat ($75.1)	February 24	147 manat ($86)
February 18	128.9 manat ($75.8)	February 25	151.9 manat ($89.4)
February 19	132.5 manat ($77.9)	February 26	151.8 manat ($89.3)
February 20	133 manat ($78.2)	February 27	152 manat ($89.4)
Average weekly rate	130 manat ($76.4)	Average weekly rate	150.3 manat ($88.4)

The price of one ounce of platinum in Azerbaijan rose by 353.8125 manat ($207.6), or 9.6%. The average price of one ounce of platinum went up by 329.57 manat ($193.8), or 1.9%, compared to the previous week, to 3,823 manat ($2,250).

Platinum ounce value change
February 16	3,475 manat ($2,044)	February 23	3,690 manat ($2,170)
February 17	3,436 manat ($2,021)	February 24	3,655 manat ($2,150)
February 18	3,506 manat ($2,062)	February 25	3,823 manat ($2,250)
February 19	3,518 manat ($2,069)	February 26	3,904 manat ($2,300)
February 20	3,531 manat ($2,077)	February 27	4,044 manat ($2,380)
Average weekly rate	3,493 manat ($2,055)	Average weekly rate	3,823 manat ($2,250)

During the week, the price of one ounce of palladium in Azerbaijan increased by 125.273 manat ($73.7), or 4.2%. The average price of one ounce of palladium rose by 148.6 manat ($87.4), or 5.1%, compared to the previous week, to 3,038 manat ($1,788).

Palladium ounce value change
February 16	2,851 manat ($1,677)	February 23	2,979 manat ($1,752)
February 17	2,881 manat ($1,694)	February 24	2,983 manat ($1,754)
February 18	2,933 manat ($1,725)	February 25	3,078 manat ($1,810)
February 19	2,915. manat ($1,714)	February 26	3,047 manat ($1,790)
February 20	2,866 manat ($1,686)	February 27	3,104 manat ($1,830)
Average weekly rate	2,889 manat ($1,699)	Average weekly rate	3,038 manat ($1,788)

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