Weekly review of Azerbaijan's precious metals market

Economy News 1 March 2026 15:00 (UTC +04:00)
Weekly review of Azerbaijan's precious metals market
Sadig Javadov
Sadig Javadov
Economic Journalist Read more

BAKU, Azerbaijan, March 1. The price of an ounce of gold in Azerbaijan increased by 36.23 manat ($21.3), or 0.4%, over the week, Trend reports, citing the Central Bank of Azerbaijan (CBA).

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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