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Weekly analysis of precious metals market in Azerbaijan

Last week, the price of an ounce of gold in Azerbaijan increased by AZN35.5 (1.15 percent), Azernews reports.

The average price of one ounce of gold grew by AZN33.1891 (1.08 percent) in comparison to the previous week and totaled AZN3,106.811.

Change in price of one ounce of gold
December 26, 2022	3,056.940	January 2, 2023	3,087.540
December 27, 2022	3,068.891	January 3, 2023	3,087.540
December 28, 2022	3,079.881	January 4, 2023	3,087.540
December 29, 2022	3,074.858	January 5, 2023	3,148.383
December 30, 2022	3,087.54	January 6, 2023	3,123.053
Average weekly	3,073.622	Average weekly	3,106.811

The price of an ounce of silver in Azerbaijan has decreased by 1.0513 manat (2.58 percent) last week.

The average price of an ounce of silver totaled 40.4455 manat, which is 0.1073 manat (0.26 percent) less compared to the preceding week.

Change in price of one ounce of silver
December 26, 2022	40.3465	January 2, 2023	40.7083
December 27, 2022	40.6058	January 3, 2023	40.7083
December 28, 2022	40.8068	January 4, 2023	40.7083
December 29, 2022	40.2968	January 5, 2023	40.3966
December 30, 2022	40.7083	January 6, 2023	39.6570
Average weekly	40.5528	Average weekly	40.4455

The price of an ounce of platinum in Azerbaijan has increased by AZN7.8285 (0.44 percent) last week.

The average price of an ounce of platinum grew by AZN59.2297 (3.39 percent) compared to the previous week and totaled AZN1,805.887.

Change in price of one ounce of platinum
December 26, 2022	1,745.917	January 2, 2023	1,796.347
December 27, 2022	1,746.036	January 3, 2023	1,796.347
December 28, 2022	1,734.229	January 4, 2023	1,796.347
December 29, 2022	1,710.761	January 5, 2023	1,836.221
December 30, 2022	1,796.347	January 6, 2023	1,804.176
Average weekly	1,746.658	Average weekly	1,805.887

The price of an ounce of palladium has decreased by AZN71.774 (2.34 percent) in Azerbaijan last week.

The average price of one ounce of palladium rose by AZN7.7486 (0.25 percent) in comparison to the preceding week and totaled AZN3,054.1707 .

Change in price of one ounce of palladium
December 26, 2022	2982,2845	January 2, 2023	3073,1325
December 27, 2022	3013,0630	January 3, 2023	3073,1325
December 28, 2022	3109,5125	January 4, 2023	3073,1325
December 29, 2022	3054,1180	January 5, 2023	3050,0975
December 30, 2022	3073,1325	January 6, 2023	3001,3585
Average weekly	3046,4221	Average weekly	3054,1707

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