Weekly review of Azerbaijan’s precious metals market - www.trend.az

AI desk brief

Azerbaijan’s weekly precious-metals benchmark showed mixed-to-weaker pricing: gold rose 1.2% over Oct. 5-9 to $4,183.60/oz on the final day, but the weekly average still fell 0.8% to $4,141.24/oz from $4,173.34. Silver, platinum and palladium all posted weekly declines, with averages down to $60.50/oz, $1,692.68/oz and $1,159.89/oz respectively.

The broad weekly softness across the complex points to a slightly weaker near-term tone, despite the late-week rebound in gold. Platinum and palladium were the weakest on the week, with palladium’s average down 4.5% and platinum down 1.6%, while silver slipped 1.2% on average.