New york: The value of futures contracts for one troy ounce (31.1 grams) of gold has declined in commodity markets, APA-Economics reports, citing exchange data. The price of August 2026 gold futures for one troy ounce on New York's COMEX commodity exchange fell by 1.79% to $4,209.5.

According to Azeri-Press News Agency, the price of July 2026 silver futures for one ounce on COMEX also decreased by 1.58% to $64.21. The decline in these precious metals' futures prices reflects a broader trend in the commodity markets.