New york: The value of futures for one troy ounce (31.1 grams) of gold has decreased on commodity markets.

According to Azeri-Press News Agency, the value of August 2026 futures for one troy ounce of gold on New York's COMEX commodity exchange decreased by 0.44% to 4,556.4 US dollars. This marks a notable decline in the expected future price of gold, reflecting shifts in market sentiment and potential changes in economic indicators influencing the commodity markets.

Additionally, the price of July 2026 futures for one ounce of silver on COMEX also experienced a decrease, falling by 0.69% to 76.20 US dollars. This dip in silver futures further highlights the current downward trend affecting precious metal markets, as investors react to ongoing developments within the broader economic landscape.