New york: Gold and silver prices have seen a decrease in the commodity markets. The price of futures for a troy ounce (31.1 grams) of gold has decreased, APA-Economics reports, citing stock exchange data.

According to Azeri-Press News Agency, the price of February 2026 futures for a troy ounce of gold on the New York COMEX Commodity Exchange decreased by 11.39%, bringing it to 4,745.10 US dollars. This marks a significant shift in the valuation of gold futures in the market.

Similarly, the price of March 2026 futures for an ounce of silver on the COMEX witnessed a more pronounced decrease, dropping by 31.37% to 78.53 US dollars. The decrease in silver futures further highlights the current trend in the commodity markets.