New York:Gold prices saw a substantial increase, rising by $74.58 to reach $4,007.62 per troy ounce on the Commodity Exchange Inc. (COMEX).

According to Azerbaijan State News Agency, silver prices also experienced an upward trend, increasing by $1.78 to $51.51 per ounce.

The rise in prices reflects ongoing movements in the global markets, with both gold and silver showing significant gains.