New york: The price of gold and silver saw a notable increase in the global markets, with gold climbing by $20.60 to reach $4,070.8 per troy ounce on the Commodity Exchange Inc. (COMEX) in New York. According to Azerbaijan State News Agency, the price of silver also experienced an upward movement, rising by $0.85 to settle at $58.91 per ounce. These changes reflect the ongoing fluctuations in the commodities market, driven by various economic factors and investor activities.