Baku: The price of one troy ounce of gold rose by $6.38 to $4,387.69 on the COMEX (Commodity Exchange Inc.) in New York.
According to Azerbaijan State News Agency, the price of silver also increased by $0.46 to $65.26 per ounce. These increases highlight the ongoing fluctuations in the global precious metals market. The rise in prices may influence market dynamics and investor strategies, as gold and silver are often considered safe-haven assets. The changes in prices could also impact related industries and consumer prices globally.