Tuesday, 02 January 2024 12:17 GMT

Weekly Review Of Azerbaijan's Precious Metals Market


(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 23. In the period from August 17 through August 21, the price of one troy ounce of gold (31.1034768 grams) in Azerbaijan rose by 253.2 manat ($148.93), or 3.4%.

According to Trend's calculations based on data from the Central Bank of Azerbaijan (CBA), the average weekly price of one troy ounce of gold increased by 100.5 manat ($59.11), or 1.3%, compared to the previous week, reaching 7,535.5 manat ($4,432.65).

Price of one troy ounce of gold:

Date Price Date Price
August 10 7,370 manat ($4,340) August 17 7,465.9 manat ($4,391.7)
August 11 7,493 manat ($4,410) August 18 7,469.1 manat ($4,393.6)
August 12 7,482 manat ($4,401) August 19 7,392.6 manat ($4,348.6)
August 13 7,475 manat ($4,397) August 20 7,630.9 manat ($4,488.8)
August 14 7,353 manat ($4,330) August 21 7,719.1 manat ($4,540.7)
Average weekly price 7,435 manat ($4,370) Average weekly price 7,535.5 manat ($4,432.7)

Over the past week, the price of one troy ounce of silver in Azerbaijan rose by 6.06 manat ($3.56), or 5.4%.

The average weekly price of one troy ounce of silver increased by 1.9 manat ($1.12), or 1.7%, compared to the previous week, reaching 112.06 manat ($65.92).

Price of one troy ounce of silver:

Date Price Date Price
August 10 108.48 manat ($63.81) August 17 111.3 manat ($65.47)
August 11 111.38 manat ($65.5) August 18 110.8 manat ($65.18)
August 12 111 manat ($65.29) August 19 106.9 manat ($62.88)
August 13 111.09 manat ($65.34) August 20 114.1 manat ($67.12)
August 14 108.7 manat ($63.97) August 21 117.3 manat ($69)
Average weekly price 110.15 manat ($64.8) Average weekly price 112.1 manat ($65.94)

Over the past week, the price of one troy ounce of platinum in Azerbaijan rose by 206.5 manat ($121.47), or 6.9%.

The average weekly price of one troy ounce of platinum increased by 55.03 manat ($32.37), or 1.8%, compared to the previous week, reaching 3,024.4 manat ($1,779.06).

Price of one troy ounce of platinum:

Date Price Date Price
August 10 2,981 manat ($1,750) August 17 2,973.5 manat ($1,749.12)
August 11 2,996 manat ($1,760) August 18 2,981.6 manat ($1,753.88)
August 12 2,985 manat ($1,756) August 19 2,920.6 manat ($1,718)
August 13 2,971 manat ($1,747) August 20 3,066.6 manat ($1,803.88)
August 14 2,912 manat ($1,713) August 21 3,179.9 manat ($1,870.53)
Average weekly price 2,969 manat ($1,750) Average weekly price 3,024.4 manat ($1,779.06)

Over the past week, the price of one troy ounce of palladium in Azerbaijan rose by 28.9 manat ($17), or 1.3%.

The average weekly price of one troy ounce of palladium decreased by 61.2 manat ($36), or 2.6%, compared to the previous week, and stood at 2,251.02 manat ($1,324.13).

Price of one troy ounce of palladium:

Date Price Date Price
August 10 2,329 manat ($1,370) August 17 2,263.7 manat ($1,331.59)
August 11 2,358 manat ($1,387) August 18 2,246.4 manat ($1,321.41)
August 12 2,339 manat ($1,376) August 19 2,189.6 manat ($1,288)
August 13 2,315 manat ($1,362) August 20 2,262.8 manat ($1,331.06)
August 14 2,219 manat ($1,310) August 21 2,292.7 manat ($1,348.65)
Average weekly price 2,312 manat ($1,360) Average weekly price 2,251.02 manat ($1,324.13)

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