New york: The price of gold fell by $32.30, with one troy ounce trading at $4,472.70 on the COMEX (Commodity Exchange, Inc.) in New York. Silver prices also declined, dropping by $1.29 to $72.69 per troy ounce.

According to Azerbaijan State News Agency, the fluctuations in prices are attributed to changes in the global market conditions. The decrease in the price of gold and silver reflects ongoing adjustments in the commodities market, impacting investors and traders. These changes come amidst a backdrop of shifting economic indicators and market sentiment, influencing the valuation of precious metals.