New york: The price of one troy ounce of gold rose by $141.4, reaching $5,076.4 on the COMEX Commodity Exchange in New York. This significant increase has caught the attention of investors and market analysts worldwide.

According to Azerbaijan State News Agency, the silver market also witnessed a price rise, with silver trading at $86.84 per ounce, marking an increase of $3.53. These developments in precious metal prices are being closely monitored by stakeholders and could have implications for global economic trends.