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London
July 24, 2024
PI Global Investments
Precious Metals

Weekly review of Azerbaijan’s precious metals market


BAKU, Azerbaijan, January 6. The prices of an
ounce of gold, silver, platinum and palladium in Azerbaijan have
remained unchanged this week, Trend reports.

The average price of one ounce of gold decreased by 8.4252
manat, or $4.96 (0.24 percent) compared to last week, and amounted
to 3,507.0745 manat ($2,062.98).

Change in price of one ounce of gold

December 25, 2023

3,490.236 ($2,040.35)

January 1, 2024*

3,507.0745 manat ($2,062.98)

December 26, 2023

3,509.1145 ($2,051.39)

January 2, 2024

3,507.0745 manat ($2,062.98)

December 27, 2023

3,511.9365 ($2,054.03)

January 3, 2024

3,507.0745 manat ($2,062.98)

December 28, 2023

3,546.8375 ($2,073.44)

January 4, 2024

3,507.0745 manat ($2,062.98)

December 29, 2023

3,519.3740 ($2,057.38)

January 5, 2024

3,507.0745 manat ($2,062.98)

Average weekly

3,515.4997 ($2,055.12)

Average weekly

3,507.0745 manat ($2,062.98)

The average price of an ounce of silver totaled 40.4519 manat
($23.8), which is 1.71 percent, or 0.7027 manat (41 cents) less
compared to last week.

Change in price of one ounce of silver

December 25, 2023

41.12 manat ($24.19)

January 1, 2024*

40.4519 manat ($23.8)

December 26, 2023

41.4613 manat ($24.39)

January 2, 2024

40.4519 manat ($23.8)

December 27, 2023

41.1494 manat ($24.21)

January 3, 2024

40.4519 manat ($23.8)

December 28, 2023

41.5344 manat ($24.43)

January 4, 2024

40.4519 manat ($23.8)

December 29, 2023

40.5081 manat ($23.83)

January 5, 2024

40.4519 manat ($23.8)

Average weekly

41.1546 manat ($24.21)

Average weekly

40.4519 manat ($23.8)

The weighted average cost of an ounce of platinum increased by
5.1238 manat or $3.014 (0.3 percent) to 1,686.23 manat ($991.9)
compared to last week.

Change in price of one ounce of platinum

December 25, 2023

1,660.22 manat ($976.6)

January 1, 2024*

1,686.23 manat ($991.9)

December 26, 2023

1,661.4185 manat ($977.3)

January 2, 2024

1,686.23 manat ($991.9)

December 27, 2023

1,668.6265 manat ($981.54)

January 3, 2024

1,686.23 manat ($991.9)

December 28, 2023

1,701.0455 manat ($1,000.61)

January 4, 2024

1,686.23 manat ($991.9)

December 29, 2023

1,714.2205 manat ($1,008.36)

January 5, 2024

1,686.23 manat ($991.9)

Average weekly

1,681.1062 manat ($988.89)

Average weekly

1,686.23 manat ($991.9)

The weighted average cost of an ounce of palladium decreased by
6.73 percent, or 134.912 manat ($19.71) compared to last week,
amounting to 1,870.408 manat ($1,100.24).

Change in price of one ounce of palladium

December 25, 2023

2,049.877 ($1,205.81)

January 1, 2024*

1,870.408 manat ($1,100.24)

December 26, 2023

2,062.27 ($1,213.1)

January 2, 2024

1,870.408 manat ($1,100.24)

December 27, 2023

2,013.65 ($1,184.5)

January 3, 2024

1,870.408 manat ($1,100.24)

December 28, 2023

1,970.1385 ($1,158.9)

January 4, 2024

1,870.408 manat ($1,100.24)

December 29, 2023

1,930.6645 ($1,135.68)

January 5, 2024

1,870.408 manat ($1,100.24)

Average weekly

2,005.32 ($1,179.6)

Average weekly

1,870.408 manat ($1,100.24)

*The period from January 1 through January 5, 2024 is considered
a holiday period in Azerbaijan, due to which the price rate for the
precious metal on the last working day before the holidays
(December 30, 2023) was taken as a basis.

Stay up-to-date with more news at Trend News Agency’s
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