New york: The price of one troy ounce of gold fell by $50.90 to $3,987.60 on the COMEX (Commodity Exchange Inc.) in New York. Silver prices also declined, falling by $1.88 to $58.04 per ounce.

According to Azerbaijan State News Agency, the decline in gold and silver prices reflects recent market trends influenced by various economic factors. The changes in precious metals pricing are often seen as indicators of broader market conditions.