New york: The price of one troy ounce of gold decreased by $163.60, settling at $4,581.50 on the COMEX Commodity Exchange in New York. This notable change reflects fluctuations within the global market.

According to Azerbaijan State News Agency, the decline in gold price was accompanied by a decrease in silver value. Silver fell by $3.95, trading at $74.59 per ounce. This downturn in precious metal prices is indicative of broader market trends affecting commodities globally.