【Baku, Azerba】Weekly Review of Azerbaijan’s Precious Metals Market

Editor’s Note

This article reports on recent fluctuations in the price of gold in Azerbaijan, noting both weekly increases and decreases. The data, sourced from Trend, highlights the volatile nature of commodity markets.

Weekly review of Azerbaijan's precious metals market

BAKU, Azerbaijan, February 8. The price of an ounce of gold in Azerbaijan increased by 223.4 manat ($131.3), or 2.8%, over the week, Trend reports.

The weighted average price of one ounce of gold decreased by 648.9 manat ($381.6), or 7.3%, compared to the previous week, to 8,243 manat ($4,848).

Gold Ounce Value Change

January 26: 8,619 manat ($5,069)
February 2: 7,950 manat ($4,675)
January 27: 8,614 manat ($5,066)
February 3: 8,180 manat ($4,811)
January 28: 8,918 manat ($5,245)
February 4: 8,633 manat ($5,077)
January 29: 9,446 manat ($5,555)
February 5: 8,276 manat ($4,867)
January 30: 8,861 manat ($5,211)
February 6: 8,174 manat ($4,807)
Average weekly rate (previous): 8,892 manat ($5,229)
Average weekly rate (current): 8,243 manat ($4,848)

This week, the price of an ounce of silver in Azerbaijan decreased by 11.4 manat ($6.7), or 8.5%. The weighted average price of an ounce of silver was 135.8 manat ($79.8), which is 55 manat ($32.3) or 28.8% less than the previous week.

Silver Ounce Value Change

January 26: 183.7 manat ($108)
February 2: 134.4 manat ($79)
January 27: 183.9 manat ($108.1)
February 3: 141.9 manat ($83.4)
January 28: 196.6 manat ($115.6)
February 4: 149.9 manat ($88.1)
January 29: 201.3 manat ($118.3)
February 5: 129.7 manat ($76.2)
January 30: 188.7 manat ($110.9)
February 6: 123 manat ($72.3)
Average weekly rate (previous): 190.8 manat ($112.2)
Average weekly rate (current): 135.8 manat ($79.8)

The price of one ounce of platinum in Azerbaijan decreased by 173.1 manat ($101.8), or 4.9%. The weighted average price of one ounce of platinum decreased by 999.8 manat ($588), or 21.7%, compared to the previous week, to 3,601 manat ($2,117).

Platinum Ounce Value Change

January 26: 4,868 manat ($2,863)
February 2: 3,523 manat ($2,072)
January 27: 4,526 manat ($2,661)
February 3: 3,659 manat ($2,152)
January 28: 4,597 manat ($2,703)
February 4: 3,891 manat ($2,288)
January 29: 4,732 manat ($2,783)
February 5: 3,581 manat ($2,106)
January 30: 4,280 manat ($2,517)
February 6: 3,350 manat ($1,970)
Average weekly rate (previous): 4,601 manat ($2,706)
Average weekly rate (current): 3,601 manat ($2,117)

During the week, the price of one ounce of palladium in Azerbaijan increased by 0.9 manat ($0.53), or 0.03%. The weighted average price of one ounce of palladium decreased by 514.8 manat ($302.7), or 15.1%, compared to the previous week, to 2,898 manat ($1,704).

Palladium Ounce Value Change

January 26: 3,516 manat ($2,067)
February 2: 2,778 manat ($1,633)
January 27: 3,338 manat ($1,963)
February 3: 2,980 manat ($1,752)
January 28: 3,350 manat ($1,970)
February 4: 3,043 manat ($1,789)
January 29: 3,586 manat ($2,109)
February 5: 2,910 manat ($1,711)
January 30: 3,274 manat ($1,925)
February 6: 2,779 manat ($1,634)
Average weekly rate (previous): 3,413 manat ($2,007)
Average weekly rate (current): 2,898 manat ($1,704)

Sadig Javadov
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⏰ Published on: February 08, 2026