Gold Prices Drop Below $4,700 in Commodity Markets

New york: The price of gold futures per troy ounce has dropped below $4,700 in commodity markets. APA-Economics reports that, based on the exchange data, the price of April 2026 gold futures per troy ounce on the New York COMEX commodity exchange decreased by 4.15% to $4,693.95.

According to Azeri-Press News Agency, the price of May 2026 silver futures per ounce also experienced a decrease, falling by 8.03% to $71.36 on COMEX. In another report, the same source noted that the price of April 2026 gold futures per troy ounce decreased by 0.93% to $4,850.80.

The price of May 2026 silver futures per ounce also saw a decline of 2.38%, settling at $75.75 on the COMEX exchange.