Azernews.Az

Friday, June 5, 2026
Why central banks keep buying gold despite falling prices

Why central banks keep buying gold despite falling prices

The global gold market is currently navigating a fascinating paradox that challenges conventional financial logic. For several months, the precious metal has experienced a downward price trajectory, sparking intense debate among analysts and market observers about its near-term direction.

Nation
Infrastructure Azerbaijan built to bypass Armenia could now be Yerevan's lifeline

Infrastructure Azerbaijan built to bypass Armenia could now be Yerevan's lifeline

The Baku-Tbilisi-Kars line officially entered full operation on Tuesday, its freight capacity rising fivefold to five million tonnes per year. Georgia's prime minister used the ceremony to signal Armenia could join. Whether Yerevan can, and whether it will, depends on an election, a Russian lease contract, and 41 kilometres of track through territory nobody can quite agree on.

Oil & Gas
Shah Deniz marks 30 years as cornerstone of Azerbaijan’s energy strategy

Shah Deniz marks 30 years as cornerstone of Azerbaijan’s energy strategy

2026 marks the 30th anniversary of the Shah Deniz Field project, one of the most significant milestones in the modern history of Azerbaijan’s oil and gas industry and a key pillar of the country’s rise as a major international energy supplier, AzerNEWS reports.

Business
Gold prices rise amid geopolitical headwinds

Gold prices rise amid geopolitical headwinds

Gold, traditionally regarded as a safe-haven asset, has experienced a complex and volatile trajectory in early 2026, shaped by competing macroeconomic forces, geopolitical risks, and liquidity dynamics.

Armenian-Azerbaijani Relations
Russia sends another transit shipment to Armenia via Azerbaijan

Russia sends another transit shipment to Armenia via Azerbaijan

The cargo consists of two railway wagons of fertilizer and two wagons of wheat.

World
Iran wants 'at least 50%' of frozen assets when deal is signed

Iran wants 'at least 50%' of frozen assets when deal is signed

Iranian Deputy Foreign Minister Kazem Gharibabadi said on Thursday that Tehran expects to receive "at least" 50% of its frozen assets as soon as a memorandum of understanding on an extended ceasefire with the United States is signed, AzerNEWS reports.

Analysis

Lifestyle
CandyFest lights up Baku Boulevard with sweet summer delights [PHOTOS]

CandyFest lights up Baku Boulevard with sweet summer delights [PHOTOS]

Baku Boulevard has turned into a lively wonderland of color, taste, and excitement with the arrival of CandyFest 2026, AzerNEWS reports.

Culture
Leyla Aliyeva and Arzu Aliyeva visit boarding school with integrated training No. 11 [PHOTOS]

Leyla Aliyeva and Arzu Aliyeva visit boarding school with integrated training No. 11 [PHOTOS]

Vice-President of the Heydar Aliyev Foundation, founder and head of IDEA Public Union Leyla Aliyeva and head of the Baku Media Center Arzu Aliyeva have visited the integrated boarding school No. 11 on the occasion of June 1 - International Children's Day, AzerNEWS reports.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Events
Icherisheher turns into vibrant open-air sports venue for kids [PHOTOS]

Icherisheher turns into vibrant open-air sports venue for kids [PHOTOS]

The Azerbaijan Ministry of Youth and Sports, in partnership with the Azerbaijan Water Sports Federation,have organized an open rowing training session, AzerNEWS reports.

Sports
Wrestling Federation reviews strategies to ensure athlete wellbeing

Wrestling Federation reviews strategies to ensure athlete wellbeing

The next meeting of the Medical Department of the Azerbaijan Wrestling Federation (AGF) has been held, bringing together key officials and medical experts to discuss strategies for safeguarding athletes' health and enhancing the quality of medical services, AzerNEWS reports.

Latest See more