Precious metal prices in Azerbaijan down

By Trend

The prices of precious metals decreased in Azerbaijan on March 5 compared to the previous price, Trend reports on March 5 referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold decreased by 34.8755 manat or $20.515 (1.2 percent) and amounted to 2,876.434 manat or $1,692.02 per ounce.

The price of palladium decreased by 18.0795 manat or $10.635 (0.45 percent) and amounted to 3,990.818 manat ($2,347.54).

The price of silver decreased by 1.5582 manat or 91 cents (3.51 percent) and amounted to 42.8392 manat ($25.199).

The price of platinum decreased by 63.393 manat or $37.29 (3.21 percent) and amounted to 1.910,817 manat ($1,124.01).

In monthly terms, the price of gold decreased by 174.4795 manat or $102.635 (5.7 percent) per ounce, platinum increased by 40.103 manat or $23.59 (2.1 percent) per ounce, silver decreased by 1.8602 manat or $1.094 (4.2 percent) per ounce, palladium increased by 86.173 manat or $50.69 (2.2 percent).

On an annualized basis, the price of gold increased by 88.9865 manat or $52.345 (3.2 percent), silver grew by 13.5762 manat or $7.986 (46.4 percent), palladium decreased by 329.8425 manat or $194.025 (7.6 percent) and platinum increased by 422.5265 manat or $248.545 (28.4 percent).

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