Weekly review of Azerbaijan’s precious metals market - Trend News Agency

AI desk brief

Azerbaijan domestic precious-metals prices fell across the board in the Oct. 26-30 week, with gold down 0.4% on the week to 6,796 manat/oz ($4,000) and averaging 6,835 manat/oz ($4,020), or 2.1% below the prior week. Silver also weakened 5.2% on the week to 87.4 manat/oz ($51.4), while the weekly average fell 5.8% to 90.5 manat/oz ($53.2).

Platinum posted the sharpest weekly drop among the group, down 5.9% to 2,483 manat/oz ($1,460) and averaging 2,579 manat/oz ($1,517), down 6.5% week on week. Palladium declined 5.6% to 1,688 manat/oz ($990), with the weekly average down 6.2% to 1,741 manat/oz ($1,020).