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Prices for gold, silver growing in Azerbaijan

13 August 2020 18:13 (UTC+04:00)
Prices for gold, silver growing in Azerbaijan

By Trend

The price of gold grew in Azerbaijan on August 13 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold increased by 72.964 manat or $42.92 (2.3 percent) and amounted to 3,273.308 manat ($1,925.48) per ounce.

The price of silver rose by 2.8441 manat or $1.67 (6.9 percent) per ounce and amounted to 43.8575 manat ($25.8).

The price of platinum went up by 9.316 manat or $5.48 (0.6 percent) and amounted to 1,585.964 manat ($932.92) per ounce.

The price of palladium grew by 24.9815 manat or $14.69 (0.7 percent) and amounted to 3,687.7845 manat ($2,169.28) per ounce.

In monthly terms, the price of gold spiked by 205.938 manat or $121.14 (6.7 percent) per ounce, silver rose by 11.7255 manat or $6.9 (36.5 percent), platinum soared by 167.212 manat or $95.43 (11.3 percent) per ounce, and palladium surged by 302.668 manat or $178.04 (8.9 percent).

Precious markets

Aug.13, 2020

Aug.12, 2020

July 13, 2020

Change in a day

Change in a day, %

Change in a month

Change in a month, %

Gold

XAU

3,273.308

3,200.344

3,067.37

+72.964

+2.28

+205.938

+6.7

Silver

XAG

43.8575

41.0134

32.132

+2.8441

+6.9

+11.7255

+36.5

Platinum

XPT

1,595.28

1,585.964

1,433.049

+9.316

+0.59

+162.231

+11.3

Palladium

XPD

3,687.7845

3,662.803

3,385.1165

+24.9815

+0.7

+302.668

+8.9

Precious metals are gold, silver, platinum and metals of platinum group (palladium, iridium, ruthenium, rhodium, and osmium) brought to the highest fineness (999.9).

The precious metals are sold as ingots, coins or powder and have the appropriate quality certificates.

Troy ounce is a unit of mass equal to 31.1034768 grams.

(1 USD = 1.7 manat on Aug.13)

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