Gold Market Report
Azerbaijan Gold Market Report
Independently researched coverage of the Azerbaijan gold market, last verified Sep 1, 2026. 24K gold is currently AZN 237.71 per gram.
See the live gold price page for Azerbaijan →Research coverage
4 of 4 research sections published for Azerbaijan.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in AZN.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | AZN 237.71 | AZN 7,393.75 | AZN 2,772.66 | AZN 237,714.61 |
| 22 karat (916.7) | AZN 217.93 | AZN 6,778.53 | AZN 2,541.95 | AZN 217,934.78 |
| 21 karat (875) | AZN 208.02 | AZN 6,470.18 | AZN 2,426.32 | AZN 208,021.09 |
| 18 karat (750) | AZN 178.30 | AZN 5,545.87 | AZN 2,079.70 | AZN 178,303.79 |
| 14 karat (583.3) | AZN 138.67 | AZN 4,313.21 | AZN 1,617.45 | AZN 138,672.80 |
| 10 karat (416.7) | AZN 99.07 | AZN 3,081.28 | AZN 1,155.48 | AZN 99,065.58 |
Trend
Last 3 months
Per gram · AZN
- Change
- +6.59%
- Low
- AZN 220.45
- High
- AZN 255.79
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Azerbaijan gold market
Azerbaijan has a centuries-old jewellery-making tradition centred on several historic production hubs — Baku, Ganja, Shemakha, Shusha, Shaki, and Nakhchivan — each historically known for its own regional styles.
Read the full section on the live price page →Market notes
Azerbaijan applies a flat 18% VAT to most goods and imports, with no reduced-rate category for gold or jewellery under the country's VAT system -- only the standard and zero rates exist.
Read the full section on the live price page →Buying gold in Azerbaijan
Because gold and jewellery sellers in Azerbaijan operate under standard tax rules rather than the simplified regime available to smaller businesses, expect full VAT-inclusive pricing and formal documentation on a purchase rather than an informal, undocumented sale.
Read the full section on the live price page →Tax & duty notes
Azerbaijan's standard 18% VAT applies to gold and jewellery imports and sales, with no reduced or zero rate available for these goods -- Azerbaijan's VAT system only has a standard rate and a zero rate (for exports and specific categories), no gold-specific carve-out.
Read the full section on the live price page →Sources
What the Azerbaijan research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- VATupdate — Comprehensive VAT Guide: Azerbaijan (2026)
Supports: Standard 18% VAT rate and absence of reduced rates in Azerbaijan
Checked Sep 1, 2026
- PwC Worldwide Tax Summaries — Azerbaijan: Other taxes
Supports: Gold, jewellery and diamond sellers excluded from the simplified taxpayer regime
Checked Sep 1, 2026
Related markets
More gold markets in Asia
Azerbaijan's immediate sub-region doesn't list enough markets on its own, so this also includes other Asia countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.