Weekly review of Azerbaijan’s precious metals market

Tokyo, 07 April, /AJMEDIA/

The price of an ounce of gold in Azerbaijan rose by 118.8 manat ($69.8) (0.8 percent) at the end of this week. The weighted average cost of an ounce of gold rose by 155.1 manat ($91.2) (4.18 percent) compared to last week’s figure, amounting to 3,868 manat ($2,275), AJMEDIA reports.
The price of an ounce of silver in Azerbaijan rose by 3.9249 manat ($1.7), or 5.57 percent, this week. The weighted average cost of an ounce of silver amounted to 44.3782 manat ($25.8), which is five percent, or 2.115 manat ($1.1) more than last week’s figure.
The price of an ounce of platinum in Azerbaijan this week rose by 27.404 manat ($15.8), or 1.12 percent. The weighted average cost of an ounce of platinum increased by 22.0371 manat ($12.9) (1.42 percent) to 1,568.5645 manat ($922.3) compared to last week’s figure.
The price for an ounce of palladium in Azerbaijan decreased by 35.802 manat ($21) (1.86 percent) during the week. The weighted average cost of an ounce of palladium increased by 0.63 percent, or 10.7372 manat ($6.2) compared to the indicator of the previous week, amounting to 1,728.1486 manat ($1,016).
To note, due to the Ramadan holiday falling on April 10 or 11, Azerbaijani Prime Minister Ali Asadov has declared April 6 (Saturday) a working day to maintain the order of working days and days off, as April 12 falls on a Friday.

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