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Gold, silver, platinum prices in Azerbaijan down

4 September 2020 14:34 (UTC+04:00)
Gold, silver, platinum prices in Azerbaijan down

By Trend

The price of gold decreased in Azerbaijan on September 4 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold dipped by 1.054 manat or 62 cents (0.03 percent) and amounted to 3,292.4835 manat or $1,936.75 per ounce.

The price of silver declined by 1.0395 manat or 61 cents (2.24 percent) and amounted to 45.4604 manat ($26.74).

The price of platinum went down by 22.015 manat or $12.95 (1.42 percent) and amounted to 1,526.685 manat ($898.05).

The price of palladium climbed by 103.309 manat or $60.77 (2.7 percent) and amounted to 3,929.635 manat ($2,311.55).

In monthly terms, the price of gold dropped by 64.9995 manat or $38.23 (1.9 cents) per ounce, silver went up by 4.0015 manat or $2.35 (9.7 percent) per ounce, platinum declined by 46.41 manat or $27.3 (3 percent) per ounce and palladium slumped by 373.66 manat or $219.8 (10.5 percent).

On annualized basis, the price of gold spiked by 670.48 manat or $394.4 (25.6 percent), silver grew by 12.4541 manat or $9.61 (37.7 percent), platinum fell by 110.653 manat or $65.09 (6.8 percent) and palladium surged by 1,301.503 manat or $765.59 (49.5 percent).

Precious markets

Gold

(XAU)

Silver

(XAG)

Platinum

(XPT)

Palladium

(XPD)

Sept.2, 2020

3,292.4835

45.4604

1,526.685

3,929.635

Sept.1, 2020

3,293.5375

46.4999

1,548.7

3,826.326

Aug.2, 2020

3,357.483

41.4589

1,573.095

3,555.975

Sept.2, 2019

2,622.0035

33.0063

1,637.338

2,628.132

Change in a day

in man.

-1.054

-1.0395

-22.015

+103.309

%

-0.03

-2.24

-1.42

+2.7

Change in a month

in man.

-64.9995

+4.0015

-46.41

+373.66

%

-1.9

9.7

-3

+10.5

Change in a year

in man.

+670.48

+12.4541

-110.653

+1,301.503

%

+25.6

+37.7

-6.8

+49.5

The precious metals are sold as ingots, coins or powder and have the appropriate quality certificates.Precious metals are gold, silver, platinum and metals of platinum group (palladium, iridium, ruthenium, rhodium, and osmium) brought to the highest fineness (999.9).

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

(1 USD = 1.7 manat on Sept.4)

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