"AzerGold" CJSC has commenced the sale of 999.9 fineness silver
bullion produced from local raw materials for the first time. The
initiative aims to meet the domestic demand for silver bullion
through local production and expand investment opportunities.
In recent years, the rapid development of green energy
technologies and the significantly increased use of silver in the
electronics industry have further strengthened the strategic role
of this precious metal in the global market. Concurrently, the
growing demand for silver in international markets has created
favorable conditions for it to occupy a more attractive position
among investment assets.
The introduction of silver bullion to the market, besides
contributing to the expansion of the value chain, aims to establish
an alternative investment tool for citizens. In the initial stage,
the products are offered to consumers in weights of 250, 500, and
1000 grams. In the next stage, the production of new varieties in
various weight categories is planned, considering market demand,
investor interest, and consumer preferences.
It should be noted that the buyback of silver bullion in the
national currency will also be carried out at the Sales and
Exchange Center. These products will be repurchased from consumers
based on the daily official exchange rate of the Central Bank of
the Republic of Azerbaijan, with a 10% premium applied to the metal
value of the bullion.
The silver bullion is available to buyers at the Sales and
Exchange Center located at 3 Bulbul Avenue, Baku, as well as via
the online sales platform www.azergold.gift.
