Weekly review of Azerbaijani precious metals’ market

Last week, the price of one ounce of gold in Azerbaijan increased by 5.746 manats or 0.2568 percent.

Accordingly, the average price of one ounce of gold stood at 2,236.57525 manats.

On May 9, the Victory Day over Fascism, the official exchange rate of manat against precious metals wasn’t formed due to a non-working day.

Change in price of one ounce of gold
April 30 2246.8815 May 7 2237.5315
May 1 2230.6295 May 8 2229.3970
May 2 2227.2805 May 9
May 3 2226.031 May 10 2236.0950
May 4 2231.5985 May 11 2243.2775
Average weekly 2232.4842 Average weekly 2236.57525

Last week, the price of one ounce of silver increased by 0.2795 manats or 0.994 percent.

Accordingly, the average price of one ounce of silver stood at 28.1539 manats.

Change in price of one ounce of silver
April 30 28.0073 May 7 28.1190
May 1 27.673 May 8 27.9667
May 2 27.7224 May 9
May 3 27.914 May 10 28.1314
May 4 27.9602 May 11 28.3985
Average weekly 27.8553 Average weekly 28.1539

Last week, the price of one ounce of platinum increased by 14.11 manats or 0.9057 percent.

Accordingly, the average price of one ounce of platinum stood at 1,558.808625 manats.

Change in price of one ounce of platinum
April 30 1547.3655 May 7 1557.8715
May 1 1533.8165 May 8 1546.9490
May 2 1526.073 May 9
May 3 1526.3365 May 10 1558.4325
May 4 1534.4795 May 11 1571.9815
Average weekly 1533.6142 Average weekly 1558.808625

Last week, the price of one ounce of palladium increased by 29.597 manats or 1.778 percent.

Accordingly, the average price of one ounce of palladium stood at 1,668.34175 manats.

Change in price of one ounce of palladium
April 30 1654,4485 May 7 1664,5975
May 1 1639,1485 May 8 1648,8300
May 2 1618,213 May 9
May 3 1648,2095 May 10 1665,7450
May 4 1643,4325 May 11 1694,1945
Average weekly 1640,6904 Average weekly 1668,34175

 

This article provided by NewsEdge.