Prices for precious metals in Azerbaijan decline

By Trend

The prices of precious metals lowered in Azerbaijan on June 14 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold decreased by 64.2855 manat or $37.81 (1.99 percent) and made up 3,165.5275 manat or $1,862.07 per ounce.

The price of silver shrank by 0.4318 manat or 25 cents (0.9 percent) and amounted to 47.3187 manat ($27.83).

The price of platinum went down by 15.895 manat or $9.35 (0.81 percent) and equaled 1,949.543 manat ($1,146.79).

The price of palladium declined by 3.451 manat or $2.03 (0.07 percent) and stood at 4,711.125 manat ($2,771.25).

In monthly terms, the price of gold grew by 52.4195 manat or $30.83 (1.7 percent) per ounce, silver rose by 0.6545 manat or 38 cents (1.4 percent) per ounce, platinum decreased by 185.623 manat or $109.19 per ounce (8.7 percent), while palladium dropped by 259.624 manat or $152.72 (5.2 percent).

On annual basis, the price of gold climbed by 227.7235 manat or $133.95 (7.8 percent), silver grew by 17.4896 manat or $10.29 (58.6 percent), platinum jumped by 553.7835 manat or $325.75 (39.7 percent), and palladium surged by 1,409.504 manat or $829.12 (42.7 percent).