Weekly review of Azerbaijan's precious metals market

The price of one troy ounce (31.1 grams) of gold in Azerbaijan increased by 342.28 manat ($201.3), or 5%, from August 3 through 7.

According to Trend's calculations based on data from the Central Bank of Azerbaijan (CBA), the average weekly price per troy ounce of gold climbed by 172.59 manat ($101.5), or 2.5%, compared to last week, coming in at 7,068 manat ($4,160).

The price of one troy ounce of gold

July 27

6,951 manat ($4,089)

August 3

6,908 manat ($4,063)

July 28

6,869 manat ($4,040)

August 4

6,909 manat ($4,064)

July 29

6,846 manat ($4,027)

August 5

7,030 manat ($4,140)

July 30

6,875 manat ($4,044)

August 6

7,247 manat ($4,260)

July 31

6,937 manat ($4,081)

August 7

7,250 manat ($4,260)

Average price per week

6,896 manat ($4,056)

Average price per week

7,068 manat ($4,160)

Over the week, the price of one troy ounce of silver in Azerbaijan went up by 6.8 manat ($4), or 6.9%.

The average weekly price per troy ounce of silver fell by 4.3 manat ($2.5), or 4.4%, compared to last week, standing at 102.8 manat ($60.47).

The price of one troy ounce of silver

July 27

100.8 manat ($59.3)

August 3

99 manat ($58.2)

July 28

97.1 manat ($57.1)

August 4

100.25 manat ($58.97)

July 29

97.7 manat ($57.5)

August 5

103.26 manat ($60.7)

July 30

97.2 manat ($57.2)

August 6

105.6 manat ($62)

July 31

99.7 manat ($58.7)

August 7

105.9 manat ($62.3)

Average price per week

98.5 manat ($57.9)

Average price per week

102.8 manat ($60.47)

Over the week, the price of one troy ounce of platinum in Azerbaijan expanded by 158.46 manat ($93.2), or 5.7%.

The average weekly price per troy ounce of platinum went up by 167 manat ($98), or 6.1%, compared to last week, amounting to 2,908 manat ($1,710).

The price of one troy ounce of platinum

July 27

2,758 manat ($1,622)

August 3

2,804 manat ($1,650)

July 28

2,731 manat ($1,606)

August 4

2,803 manat ($1,649)

July 29

2,714 manat ($1,596)

August 5

2,984 manat ($1,755)

July 30

2,709 manat ($1,594)

August 6

2,986 manat ($1,760)

July 31

2,792 manat ($1,642)

August 7

2,963 manat ($1,740)

Average price per week

2,741 manat ($1,612)

Average price per week

2,908 manat ($1,710)

Over the past week, the price of one troy ounce of palladium in Azerbaijan grew by 129.9 manat ($76.4), or 5.9%.

The average weekly price per troy ounce of palladium rose by 110.3 manat ($65), or 5.1%, compared to last week, reaching 2,272 manat ($1,340).

The price of one troy ounce of palladium

July 27

2,150 manat ($1,265)

August 3

2,201 manat ($1,290)

July 28

2,164 manat ($1,273)

August 4

2,178 manat ($1,280)

July 29

2,142 manat ($1,260)

August 5

2,317 manat ($1,360)

July 30

2,132 manat ($1,254)

August 6

2,335 manat ($1,373)

July 31

2,220 manat ($1,305)

August 7

2,331 manat ($1,370)

Average price per week

2,162 manat ($1,271)

Average price per week

2,272 manat ($1,340)