New york: Gold prices have fallen below the $4,600 mark on commodity markets, marking a significant decrease in the value of futures for one troy ounce, which is equivalent to 31.1 grams.

According to Azeri-Press News Agency, exchange data reveals that on the New York COMEX commodity exchange, the value of June 2026 futures for one troy ounce of gold has decreased by 2.63%, bringing it down to USD 4,561.9. This decline reflects broader trends in the commodity markets, where fluctuations in prices have been observed.

In addition to gold, silver futures have also experienced a notable decrease. The price of July 2026 futures for one ounce of silver on COMEX has dropped by 9.12%, falling to USD 77.55. The decline in the price of silver futures further highlights the current volatility in the commodity markets.