In Azerbaijan, a gram of gold rose in price by 1.67 manats per day

16:05 - 7.03.2024


March 7, Fineko/abc.az. The rise in gold prices on world stock exchanges has not spared Azerbaijan either.

ABC.AZ reports that according to the official exchange rate of the Central Bank, one troy ounce of gold has reached 3,666.9 manats.

This means that from the beginning of March to the present, one ounce of gold has risen in price by 189.63 manats, or 5.45%.

One troy ounce of gold is equal to approx. 31.10 (31.1034768) grams.

It turns out that the official exchange rate of one gram of gold in the country will be 117.9 manats, depending on the current state. And thus, each gram of gold will rise in price by 1.67 manats or 1.44% in one day.

By Elmir Murad