New york: Gold prices rose by $11.00 to $4,410.70 per troy ounce on the COMEX (Commodity Exchange Inc.) in New York. The price of silver also increased by $0.86 to $66.96 per ounce.

According to Azerbaijan State News Agency, these developments in the prices of precious metals reflect changes in the global markets. The rise in gold and silver prices is being closely watched by investors and traders looking to hedge against market fluctuations and uncertainties.

The increase in gold prices could influence various sectors, including jewelry, electronics, and finance, where gold is a crucial component. Similarly, the rise in silver prices may affect industries such as solar energy and electronics, where silver is widely used.