25.02.2025 03:04

TODAY.AZ / Business

Gold price climbs in Azerbaijan on June 1

01 June 2020 [14:13] - TODAY.AZ

The price of gold increased in Azerbaijan on June 1 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold went up by 20.043 manat and amounted to 2,961.5 manat per ounce.

The price of silver grew by 0.7206 manat and amounted to 31.092 manat per ounce.

The price of platinum rose by 12.776 manat and amounted to 1,437.325 manat per ounce.

The price of palladium increased by 42.296 manat and amounted to 3,339.259 manat.

Precious metals		June 1 2020	May 31 2020	Difference:
Gold	XAU	2,961.502	2,941.459	20.043
Silver	XAG	31.092	30.3714	0.7206
Platinum	XPT	1,437.325	1,424.549	12.776
Palladium	XPD	3,339.259	3,296.963	42.296

Precious metals are gold, silver, platinum and metals of platinum group (palladium, iridium, ruthenium, rhodium, and osmium) brought to the highest fineness (999.9).

The precious metals are sold as ingots, coins or powder and have the appropriate quality certificates.

Troy ounce is a unit of mass equal to 31.1034768 grams.

(1 USD = 1.7 manat on June 1)