Gold price in Azerbaijan declines

By Trend

The prices of precious metals decreased in Azerbaijan on Apr.5 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold lowered by 12.0445 manat or $7.08 (0.41 percent) and made up 2,931.463 manat or $1,724.39 per ounce.

The price of silver reduced by 0.3069 manat or 18 cents (0.72 percent) and amounted to 42.1592 manat ($24.8).

The price of platinum went down by 1.02 manat or $60 cents (0.05 percent) and equaled to 2,060.23 manat ($1,211.9).

The price of palladium decreased by 10.2935 manat or $6.05 (0.23 percent) and stood at 4,528.256 manat ($2,663.68).

In monthly terms, the price of gold grew by 55.029 manat or $32.37 (1.9 percent) per ounce, silver lowered by 0.68 manat or 40 cents (1.6 percent) per ounce, platinum grew by 149.413 manat or $87.89 (7.8 percent) per ounce, and palladium grew by 537.438 manat or $316.14 (13.5 percent).

On an annualized basis, the price of gold rose by 190.0005 manat or $117.76 (6.9 percent), silver grew by 17.6562 manat or $10.39 (72.1 percent), platinum surged by 824.9335 manat or $485.25 (66.8 percent), while palladium spiked by 713.966 manat or $419.98 (18.7 percent).