Gold and silver prices are increasing in the global market. How does this affect Azerbaijan's gold market?
According to experts, the prices of gold products in the country are mainly determined by import costs, processing, trade facility margins, and sales strategies.
Expert Rovshan Amircanov stated that rising domestic prices are causing changes in consumer behavior: "In such conditions, buyers prefer lighter, everyday-use items in a more affordable price segment. For large, investment-purpose, and ceremonial products, more cautious decisions are made."
Oxu.Az provides more details on the topic, citing Azerbaijan Television (AzTV).
