ECONOMY

NEWS

Gold price exceeds $4800 – Historical record

— ECONOMY
The price of gold in world commodity markets has renewed its historical record, exceeding $4800. Elchi.az reports that both futures and spot prices of gold have increased. According to the information, the February 2026 futures contract for gold on Comex increased by $96.8 or 2.03% during the day, reaching $4,862.6 per troy ounce. At the […]
NEWS

Today’s exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 21, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0393 manats. The Euro rose to 1.9821 manats, and 100 Russian rubles to 2.1870 manats.  
NEWS

UN: Global trade growth may slow to 2.2%

— ECONOMY, WORLD
Global trade growth may slow to 2.2% in 2026 after US tariff restrictions take full effect. According to Elchi.az, referring to TASS, this information is included in the UN report “World Economic Situation and Prospects 2026”. The authors of the report note that global trade remained stable in 2025, with its volume estimated to increase […]
NEWS

US Secretary of State Praises Azerbaijan’s Fuel Supply to Armenia

— ECONOMY, POLITICS, SELECTED NEWS
US Secretary of State Marco Rubio and Azerbaijani Foreign Minister Jeyhun Bayramov highly appreciated the positive changes in relations between the two countries during a phone conversation. Elchi.az reports that this was stated in the State Department’s statement. The parties also touched upon other measures that strengthen confidence for further advancement of peace and prosperity […]
NEWS

First Trans-Caspian freight train from China’s Tianjin departs for Azerbaijan

— ECONOMY, NEWS FEED
The first Trans-Caspian freight train from the northern Chinese city of Tianjin has departed for Baku today. Elchi.az reports that “Xinhua” reported this. The train, owned by China Railway Beijing Group, will pass through Kazakhstan and then be shipped across the Caspian Sea to Azerbaijan. It is loaded with stainless steel pipes, household appliances and […]
NEWS

Azerbaijani oil slightly cheaper

— ECONOMY
Azerbaijani oil of the “Azeri Light” (CIF) brand has slightly decreased in price on world markets. Elchi.az reports that the price of 1 barrel of Azerbaijani oil decreased by 0.04 US dollars or 0.06% to 71.71 US dollars. It should be noted that the previous price of Azerbaijani oil was 71.75 US dollars. It should […]
NEWS

Gold and silver prices decrease in commodity markets

— ECONOMY
The price of gold futures per troy ounce (31.1 grams) has decreased in commodity markets. Elchi.az reports with reference to stock exchange data that the price of February 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange decreased by 1.06% to 4,586.60 US dollars. The price of March 2026 […]
NEWS

Key indicators of global stock markets

— ECONOMY
In the American stock markets, the Dow Jones index decreased by 0.09% to 49,149.63 points, the S&P 500 index by 0.53% to 6,926.60 points, and the Nasdaq index by 1% to 23,471.75 points. According to Elchi.az, in the European stock markets, the FTSE 100 index increased by 0.46% to 10,184.35 points, Germany’s DAX index by […]
NEWS

Bu günün valyuta məzənnələri

— ECONOMY
The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 15, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira was 0.0394 manats. The euro depreciated to 1.9778 manats, while 100 Russian rubles appreciated to 2.1676 manats. 1 ABŞ dolları USD 1,7 1 […]