Azerbaijan sees rise in gold price

Azerbaijan sees rise in gold price
# 16 January 2015 10:54 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Prices of gold and gold products in Azerbaijan have increased 15-20%.

According to APA-Economics, the sellers explain price rise with two factors. Gold price rose in world market (exceeding $40.65 a gram, $1,265 an ounce).

Moreover, increase of excise rate also influenced the gold price.

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