New york: The price of one troy ounce of gold decreased by $31.5 to $4,488.4 on the COMEX (Commodity Exchange, Inc.) in New York. This significant drop reflects current trends in the global market where precious metals are experiencing volatility.

According to Azerbaijan State News Agency, silver prices also saw a decline, falling by $0.78 to $74.78 per ounce. The changes highlight ongoing fluctuations in commodity prices, affected by various factors including market demand and economic conditions.