New York:The value of gold futures has seen a notable decline, falling below $4,200 per troy ounce on commodity markets.

According to Azeri-Press news agency, the price of December 2026 gold futures on the New York COMEX commodity exchange decreased by 3.03%, reaching $4,190.2 per troy ounce.

Additionally, silver futures for December 2026 also experienced a decline, with prices dropping by 5.13% to $61.48 per ounce on the COMEX exchange.