Azerbaijan’s Gold and Silver Production Sees 12% Decline in January

Baku: Azerbaijan's gold production in January 2026 decreased by 12% to 207.8 kilograms, according to data released by the State Statistical Committee. As of February 1, ready-product inventories of gold stood at 103.6 kilograms, marking a 50% decline compared to the same period last year.

According to Azerbaijan State News Agency, silver production in the reporting period also decreased by 12.2% to 329.8 kilograms. Ready-product stocks of silver as of February 1 were recorded at 550.4 kilograms, down 12.1% from the previous year.