Azerbaijan has sharply increased its gold exports in the first seven months of 2026, with shipments rising more than 20-fold in value and more than eightfold in volume, according to the Azerbaijani State Statistics Committee.
Gold prices hit their highest level in more than three months on Tuesday as continued conflict in the Middle East and ongoing political uncertainty fuelled the latest rally in the precious metal.
Azerbaijani companies plan to participate in the development of gold deposits, geological exploration, silver ore processing and rare earth metals mining in Uzbekistan, according to the Uzbek Investment, Industry and Trade Ministry's press office.
The price of gold futures contracts for October 2026 delivery on the Comex exchange (a division of the New York Mercantile Exchange) has risen above $4,700 per troy ounce for the first time since May 14, 2026, according to trading data.
The price of gold futures for December delivery on the Comex exchange exceeded $4,600 per troy ounce for the first time since May 29, 2026, according to trading data.
Today, gold prices on the exchange exceeded $4,500 for the first time since early summer, up 1.39%. Silver prices also rose.
Georgia's international currency reserves have reached an all‑time high of $7.53 billion, the National Bank said.
Gold futures for December delivery on the Comex exchange surpassed $4,200 per troy ounce today, hitting their highest level since July 6, 2026, market data shows.
Azerbaijan exported gold worth $202.2 million in January-June 2026, according to the July issue of the Export Review published by the Center for Analysis of Economic Reforms and Communication.
Gold prices jumped nearly 2% to top $4,200 for the first time since June 22
The price of Brent crude oil on the ICE exchange rose 12.2% at the start of the trading week amid Middle East escalation, trading data has shown.
The price of silver futures contracts for March 2026 delivery on the Comex exchange (a division of the New York Mercantile Exchange) has surpassed $90 per troy ounce for the first time since February 4, 2026, according to trading data.
Global markets have experienced sharp moves this year, with gold surging then seeing its biggest decline in four decades.
The price of gold futures with settlement in February 2026 on the Comex exchange (a division of the New York Mercantile Exchange) fell below $4,700 per troy ounce for the first time since January 19, according to trading data.
Last year, Azerbaijan's gold exports reached $326.2 million, showing an increase of $114.4 million compared to 2024.
The price of gold futures with settlement in February 2026 has hit a new all-time high on the Comex exchange (a division of the New York Mercantile Exchange) again, exceeding $5,600 per troy ounce, according to trading data.
The price of gold futures with settlement in February 2026 hit a new all-time high on the Comex exchange (a division of the New York Mercantile Exchange), exceeding $5,300 per troy ounce, according to trading data.
Azerbaijan's gold reserves have surpassed 200 tonnes by year-end, marking an increase of 36.4%. Gold now accounts for 38.2% of the investment portfolio of the national oil fund.
The price of silver futures with delivery in March 2026 reached a new all-time high, exceeding $115 per troy ounce on the Comex exchange, a division of the New York Mercantile Exchange.
The value of precious metal exports reached $3.29 bln
