Weekly review of Azerbaijan’s precious metals market

TheCyprus


Baku, Azerbaijan, April 12. The valuation of
an ounce of gold in Azerbaijan increased by 298 manat, or $175.2
(5,8 percent), this week, Trend reports.

The weighted average cost of an ounce of gold went down by 83.2
manat, or $48.9 (1.6 percent), compared to last week’s figure,
settling at 5,229 manat ($3,075).

Gold ounce value change

March 31

April 7

5,158 manat ($ 3,034)

April 1

5,345 manat ($ 3,144)

April 8

5,103 manats ($ 3,001)

April 2

5,296 manat ($ 3,115)

April 9

5,117 manat ($ 3,010)

April 3

5,338 manat ($ 3,140)

April 10

5,313 manat ($ 3,125)

April 4

5,272 manats ($ 3,101)

April 11

5,456 manats ($ 3,209)

Weekly average

5,313 manat ($ 3,125)

Weekly average

5,229 manat ($ 3,075)

During the week, the price of an ounce of silver in Azerbaijan
rose 1.80 manat, or $1.05 (3.5 percent). The weighted average cost
of an ounce of silver came in at 51.9 manat ($30.5), which is 7.9
percent or 4.45 manat ($2.61) less than last week’s tally.

Silver ounce value change

March 31

April 7

51.4 manat ($ 30.2)

April 1

58 manats ($ 34.1)

April 8

51.2 manat ($ 30.1)

April 2

57.4 manat ($ 33.7)

April 9

50.7 manat ($ 29.8)

April 3

56.5 manat ($ 33.2)

April 10

52.9 manat ($ 31.1)

April 4

53.5 manat ($ 31.4)

April 11

53.2 manat ($ 31.2)

Weekly average

56.3 manat ($ 33.1)

Weekly average

51.9 manat ($ 30.5)

The price of an ounce of platinum in Azerbaijan increased by
12.5 manat ($7.35) or 0.8 percent during the week. The weighted
average price of an ounce of platinum decreased by 75.8 manat
($44.5), or 4.6 percent, compared to last week and amounted to
1,588 manat ($934.1).




Platinum ounce value change

March 31

April 7

1,588 manat ($ 934.1)

April 1

1,695 manats ($ 997)

April 8

1,582 manat ($ 930.5)

April 2

1,681 manat ($ 988.8)

April 9

1,569 manat ($ 922.9)

April 3

1,655 manat ($ 973.5)

April 10

1,598 manat ($ 940)

April 4

1,623 manat ($ 954.7)

April 11

1,601 manat ($ 941.7)

Weekly average

1,663 manat ($ 978.2)

Weekly average

1,588 manat ($ 934.1)

Moreover, this week, the price of an ounce of palladium in
Azerbaijan went down by 14.8 manat ($8.70), or 0.9 percent.
Meanwhile, the weighted average cost of an ounce of platinum
decreased by 79 manat, or $46.4 (4.8 percent), landing on 1,569
manat ($922.9) compared to last week’s numbers.

Palladium ounce value change

March 31

April 7

1,581 manat ($ 930)

April 1

1,687 manat ($ 992.3)

April 8

1,569 manat ($ 922.9)

April 2

1,684 manat ($ 990.5)

April 9

1,549 manat ($ 911.1)

April 3

1,636 manat ($ 962.3)

April 10

1,578 manat ($ 928.2)

April 4

1,584 manat ($ 931.7)

April 11

1,566 manats ($ 921.1)

Weekly average

1,648 manat ($ 969.4)

Weekly average

1,569 manat ($ 922.9)

The regulatory body did not release the indicators for March 31,
as the date fell on a non-working day.

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