Weekly review of Azerbaijan’s precious metals market

TheCyprus


BAKU, Azerbaijan, February 22. The price of an
ounce of gold in Azerbaijan increased by 42.4 manat ($24.9), or
0.5%, over the week, Trend reports, citing the Central Bank of
Azerbaijan (CBA).

The weighted average price of one ounce of gold grew by 97.1
manat ($57.1), or 1.1%, compared to the previous week, reaching
8,449 manat ($4,970).

Gold ounce value change

February 9

8,520 manats ($5,012)

February 16

8,460 manat ($4,977)

February 10

8,557 manats ($5,034)

February 17

8,419 manats ($4,953)

February 11

8,581 manats ($5,048)

February 18

8,388 manats ($4,934)

February 12

8,614 manats ($5,067)

February 19

8,477 manats ($4,987)

February 13

8,461 manats ($4,977)

February 20

8,503 manats ($5,002)

Average weekly rate

8,547 manats ($5,028)

Average weekly rate

8,449 manats ($4,970)

This week, the price of an ounce of silver in Azerbaijan rose by
5.07 manat ($2.98), or 4%. The average price of an ounce of silver
was 130 manat ($76.4), which is 7.97 manat ($4.69), or 5.8% less
than the previous week.

Silver ounce value change

February 9

138.9 manat ($81.70)

February 16

128 manat ($75.30)

February 10

138.2 manats ($81.30)

February 17

127.7 manats ($75.1)

February 11

140.2 manats ($82.4)

February 18

128.9 manat ($75.8)

February 12

141.8 manat ($83.4)

February 19

132.5 manat ($77.9)

February 13

131 manats ($77)

February 20

133 manats ($78.2)

Average weekly rate

138 manats ($81.1)

Average weekly rate

130 manats ($76.4)

The price of one ounce of platinum in Azerbaijan rose by 55.3
manat ($32.5), or 1.6%. The average price of one ounce of platinum
went down by 67.7 manat ($39.8), or 1.9%, compared to the previous
week, to 3,493 manat ($2,055).




Platinum ounce value change

February 9

3,570 manats ($2,100)

February 16

3,475 manats ($2,044)

February 10

3,553 manats ($2,090)

February 17

3,436 manats ($2,021)

February 11

3,613 manats ($2,125)

February 18

3,506 manats ($2,062)

February 12

3,603 manats ($2,119)

February 19

3,518 manats ($2,069)

February 13

3,466 manats ($2,039)

February 20

3,531 manats ($2,077)

Average weekly rate

3,561 manats ($2,095)

Average weekly rate

3,493 manats ($2,055)

During the week, the price of one ounce of palladium in
Azerbaijan increased by 15.1 manat ($8.88), or 3.4%. The average
price of one ounce of palladium fell by 29.1 manat ($17.1), or 1%,
compared to the previous week, to 2,889 manat ($1,699).

Palladium ounce value change

February 9

2,940 manats ($1,729)

February 16

2,851 manats ($1,677)

February 10

2,938 manats ($1,728)

February 17

2,881 manats ($1,694)

February 11

2,956 manats ($1,739)

February 18

2,933 manats ($1,725)

February 12

2,919 manats ($1,717)

February 19

2,915. AZN ($1,714)

February 13

2,840 manats ($1,670)

February 20

2,866 manats ($1,686)

Average weekly rate

2,918 manats ($1,716)

Average weekly rate

2,889 manats ($1,699)

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