New york: The price of one troy ounce of gold rose by $15.24 to $4,375.05 on the COMEX (Commodity Exchange, Inc.) in New York. Meanwhile, the price of silver fell by $0.32 to $64.74 per ounce.

According to Azerbaijan State News Agency, the fluctuations in the prices of gold and silver are reflecting the ongoing trends in the global markets. The increase in gold prices suggests a shift in investor preference towards the precious metal, which is often considered a stable store of value. Conversely, the decline in silver prices indicates a possible decrease in demand or changes in market dynamics.

The rise in gold prices could have implications for investors and industries that rely on the metal, while the drop in silver prices might impact sectors that use silver for industrial purposes. The changes in these prices are closely watched by market analysts and investors who seek to understand the underlying factors driving the market fluctuations.