Prices for precious metals in Azerbaijan rebound

By Trend

Prices for precious metals in Azerbaijan rose on April 1 compared to previous days, Trend reports citing data from the Central Bank of Azerbaijan (CBA).

Accordingly, an ounce of gold rose by 54.978 manat or $32.34 (1.93 percent), amounting to 2,910.094 manat or $1,711, and an ounce of silver - by 0.757 manat or 45 cents (1.87 percent), amounting to 41.3338 manat or $24.31.

The cost of an ounce of platinum increased by 41.7605 manat or $24.56 (2.11 percent) and amounted to 2016.268 manat or $, and an ounce of palladium - by 24.99 manat or $14.7 (0.56 percent), amounting to 4,452.0195 manat or $2,618.

In monthly terms, the price of an ounce of gold decreased by 62.2455 manat or $36.61 (2.1 percent), and an ounce of silver - by 4.2898 manat or $2.52 (9.4 percent). An ounce of platinum fell by 45.628 manat or $26.84 (2.2 percent), while an ounce of palladium rose by 474.4615 manat or $279 (11.9 percent).

On an annualized basis, gold rose by 213.9025 manat or $125.8 (7.9 percent), silver - by 17.4067 manat or $10.2 (72.7 percent), platinum - by 776.832 manat or $45.69 (62.7 percent), and palladium - by 448.12 manat or $26.36 (11.2 percent).