Web Desk February 3, 2021

The prices of precious metals decreased in Azerbaijan on Feb. 3 compared to the previous price, Trend reports on Feb. 3 referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold decreased by 24.429 manat or $14.37 (0.77 percent) and amounted to 3,129.989 manat or $1,841.17 per ounce.

The price of silver decreased by 2.4201 manat or $1.423 (5.02 percent) and amounted to 45.8285 manat ($26.95).

The price of platinum decreased by 28.8065 manat or $16.945 (1.52 percent) and amounted to 1,869.405 manat ($1,099.65).

The price of palladium decreased by 12.8775 manat or $7.575 (0.34 percent) and amounted to 3,826.5215 manat ($2.250).

In monthly terms, the price of gold decreased by 75.1315 manat or $44.195 (2.3 percent) per ounce, platinum increased by 62.662 manat or $36.86 (3.5 percent) per ounce, silver increased by 0.9153 manat or 53 cents (2 percent) per ounce, palladium decreased by 156.5615 manat or $92.095 (3.9 percent).

On an annualized basis, the price of gold increased by 442.2805 manat or $260.165 (16.5 percent), silver grew by 15.5053 manat or $9.120 (51.1 percent), palladium decreased by 64.0815 manat or $37.695 (1.6 percent) and platinum increased by 240.2015 manat or $141.295 (14.7 percent).

 

Source: TREND News Agency

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