Weekly review of Azerbaijan's precious metals market - trend.az

AI desk brief

Azerbaijan’s local gold price rose 0.9% over Sept. 14-18 to 7,424 manat/oz ($4,370), though the average weekly gold price fell 1.5% to 7,351 manat/oz ($4,320) versus the prior week. Silver also finished higher on the week, up 3.4% to 112.4 manat/oz ($66), while its average weekly price slipped 3.4% to 109.38 manat/oz ($64.34).

Platinum and palladium were weaker on an average-week basis: platinum’s average fell 2.1% to 3,045 manat/oz ($1,791) and palladium’s average declined 4.1% to 2,215 manat/oz ($1,300). The piece is purely a local price roundup, so it is useful mainly as a read-through on retail/reference pricing rather than a macro or flow driver.