Weekly review of Azerbaijan's precious metals market

Economy Materials 3 May 2026 08:02 (UTC +04:00)
Weekly review of Azerbaijan's precious metals market
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, May 3. The price of an ounce of gold (31.1 grams) in Azerbaijan decreased by 196.469 manat ($114.8), or 2.4%, over the week, Trend reports, citing the Central Bank of Azerbaijan (CBA).

The weighted average price of one ounce of gold declined by 192.0456 manat ($112.3), or 2.4%, compared to the previous week, standing at 7,870 manat ($4,609).

Gold ounce value change

April 20

8,144 manat ($4,790)

April 27

8,031 manat ($4,720)

April 21

8,139 manat ($4,787)

April 28

7,935 manat ($4,670)

April 22

8,081 manat ($4,753)

April 29

7,828 manat ($4,600)

April 23

7,998 manat ($4,704)

April 30

7,722 manat ($4,540)

April 24

7,949 manat ($4,675)

May 1

7,834 manat ($4,610)

Average weekly rate

8,062 manat ($4,742)

Average weekly rate

7,870 manat ($4,609)

This week, the price of an ounce of silver in Azerbaijan fell by 4.39 manat ($2.6), or 3.4%. The average price of an ounce of silver was 125.8 manat ($73.8), which is 6.07 manat ($3.6), or 4.6%, less than the previous week.

Silver ounce value change

April 20

135.7 manat ($79.8)

April 27

129.9 manat ($76.4)

April 21

134.1 manat ($78.8)

April 28

126.6 manat ($74.47)

April 22

132.5 manat ($77.9)

April 29

125.5 manat ($73.8)

April 23

129.6 manat ($76.2)

April 30

121.77 manat ($71.6)

April 24

127.6 manat ($75)

May 1

125.5 manat ($73.8)

Average weekly rate

131.9 manat ($77.5)

Average weekly rate

125.8 manat ($73.8)

The price of one ounce of platinum in Azerbaijan decreased by 82.96 manat ($48.6), or 2.4%. The average price of one ounce of platinum went down by 150.4 manat ($88.2), or 4.3%, compared to the previous week, to 3,344 manat ($1,961).

Platinum ounce value change

April 20

3,560 manat ($2,094)

April 27

3,448 manat ($2,030)

April 21

3,530 manat ($2,076)

April 28

3,372 manat ($1,980)

April 22

3,522 manat ($2,071)

April 29

3,295 manat ($1,940)

April 23

3,471 manat ($2,041)

April 30

3,241 manat ($1,910)

April 24

3,390 manat ($1,994)

May 1

3,365 manat ($1,980)

Average weekly rate

3,495 manat ($2,055)

Average weekly rate

3,344 manat ($1,961)

During the week, the price of one ounce of palladium in Azerbaijan decreased by 46.9 manat ($27.5), or 1.8%. The average price of one ounce of palladium fell by 93 manat ($54.4), or 3.6%, compared to the previous week, to 2,518 manat ($1,479).

Palladium ounce value change

April 20

2,646 manat ($1,556)

April 27

2,547 manat ($1,500)

April 21

2,648 manat ($1,557)

April 28

2,490 manat ($1,464)

April 22

2,657 manat ($1,562)

April 29

2,480 manat ($1,459)

April 23

2,599 manat ($1,528)

April 30

2,479 manat ($1,458)

April 24

2,504 manat ($1,472)

May 1

2,594 manat ($1,530)

Average weekly rate

2,611 manat ($1,535)

Average weekly rate

2,518 manat ($1,479)

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