admin April 16, 2021

Prices for precious metals in Azerbaijan on April 16 increased compared to previous indicators, Trend reports citing data from the Central Bank of Azerbaijan.

Accordingly, an ounce of gold rose by 41.9985 manat or $24.7 (1.42 percent), amounting to 2,999.1825 manat ($1,764), and an ounce of silver – by 0.6614 manat or 39 cents (1.53 percent), to 43.9293 manat ($25.84). The price per ounce of platinum increased by 43.792 manat or $25.76 (2.19 percent) and amounted to 2,041.887 manat ($1,201), and per ounce of palladium – by 77.0185 manat or $45.3 (1.68 percent), to 4,658.6035 manat ($2,740).

In monthly terms, the price per ounce of gold increased by 51.6545 manat or $30.38 (1.8 percent), and the price per ounce of silver decreased by 0.6558 manat or 38 cents (1.5 percent). The price per ounce of platinum fell by 28.373 manat or $16.69 (1.4 percent), and per ounce of palladium increased by 598.3745 manat or $351.9 (14.7 percent).

On an annualized basis, gold rose in price by 83.0705 manat or $48.86 (2.8 percent), silver – by 17.788 manat or $10.46 (68 percent), platinum – by 711.0845 manat or $418.2 (53.4 percent), and palladium rose by 882.0365 manat or $518.8 (23.4 percent).

Source: TREND News Agency