AzerGold launches silver bars on local market for first time

AzerGold CJSC has begun selling locally produced 999.9‑fine silver bars for the first time, aiming to meet domestic demand with national products and expand investment opportunities.

According to Report, the rapid growth of green energy technologies and increased use of silver in the electronics industry have strengthened the strategic role of this precious metal in global markets. Rising international demand has also made silver more attractive as an investment asset.

The introduction of silver bars not only contributes to expanding the value chain but also provides citizens with an alternative investment tool. Initially, consumers are offered bars weighing 250, 500, and 1000 grams. Future production will include new weight categories based on market demand, investor interest, and consumer preferences.

The silver bars can also be repurchased at the Sales and Exchange Center in national currency. Buybacks will be calculated using the official daily exchange rate of the Central Bank of Azerbaijan, with an additional 10% premium applied to the metal value.

Silver bars are available at the Sales and Exchange Center located at 3 Bulbul Avenue, Baku, as well as through the online sales platform www.azergold.gift.