Weekly Review Of Azerbaijan's Precious Metals Market

MENAFN** BAKU, Azerbaijan, March 1.****,**

The weighted average price of one ounce of gold grew 351.8 manat ($206.9), or 4.2%, compared to the previous week, reaching 8,801 manat ($5,174).

Gold ounce value change
February 16
8,460 manat ($4,977)
February 23
8,773 manat ($5,160)
February 17
8,419 manat ($4,953)
February 24
8,785 manat ($5,170)
February 18
8,388 manat ($4,934)
February 25
8,812 manat ($5,183)
February 19
8,477 manat ($4,987)
February 26
8,828 manat ($5,190)
February 20
8,503 manat ($5,002)
February 27
8,809 manat ($5,180)
Average weekly rate
8,449 manat ($4,970)
Average weekly rate
8,801 manat ($5,174)

This week, the price of an ounce of silver in Azerbaijan rose by 3.9 manat ($2.3), or 2.7%. The average price of an ounce of silver was 150.3 manat ($88.4), which is 20.3 manat ($11.9), or 15.6% more than the previous week.

| \| Silver ounce value change \| \| — \| | | — | — | — | — | — | | February 16 | 128 manat ($75.30) | February 23 | 148 manat ($87) | | February 17 | 127.7 manat ($75.1) | February 24 | 147 manat ($86) | | February 18 | 128.9 manat ($75.8) | February 25 | 151.9 manat ($89.4) | | February 19 | 132.5 manat ($77.9) | February 26 | 151.8 manat ($89.3) | | February 20 | 133 manat ($78.2) | February 27 | 152 manat ($89.4) | | Average weekly rate | 130 manat ($76.4) | Average weekly rate | 150.3 manat ($88.4) |

The price of one ounce of platinum in Azerbaijan rose by 353.8125 manat ($207.6), or 9.6%. The average price of one ounce of platinum went up by 329.57 manat ($193.8), or 1.9%, compared to the previous week, to 3,823 manat ($2,250).

Platinum ounce value change
February 16
3,475 manat ($2,044)
February 23
3,690 manat ($2,170)
February 17
3,436 manat ($2,021)
February 24
3,655 manat ($2,150)
February 18
3,506 manat ($2,062)
February 25
3,823 manat ($2,250)
February 19
3,518 manat ($2,069)
February 26
3,904 manat ($2,300)
February 20
3,531 manat ($2,077)
February 27
4,044 manat ($2,380)
Average weekly rate
3,493 manat ($2,055)
Average weekly rate
3,823 manat ($2,250)

During the week, the price of one ounce of palladium in Azerbaijan increased by 125.273 manat ($73.7), or 4.2%. The average price of one ounce of palladium rose by 148.6 manat ($87.4), or 5.1%, compared to the previous week, to 3,038 manat ($1,788).

Palladium ounce value change
February 16
2,851 manat ($1,677)
February 23
2,979 manat ($1,752)
February 17
2,881 manat ($1,694)
February 24
2,983 manat ($1,754)
February 18
2,933 manat ($1,725)
February 25
3,078 manat ($1,810)
February 19
2,915. manat ($1,714)
February 26
3,047 manat ($1,790)
February 20
2,866 manat ($1,686)
February 27
3,104 manat ($1,830)
Average weekly rate
2,889 manat ($1,699)
Average weekly rate
3,038 manat ($1,788)

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