Sharp Decline in Gold Prices in International Markets
The price of December futures has significantly decreased on the COMEX exchange. According to data from the New York COMEX commodities exchange, the price of December gold futures has sharply fallen by 0.80 percent, reaching $3,987.7 per troy ounce (31.1 grams). This information is reported by 'APA-Economics', referencing stock market data.
In recent days, the decline in gold prices has become more pronounced, registering a rapid downward trend in global markets. Analysts believe this is linked to investors' caution and fluctuations in currency markets.
The price of silver has also decreased on the COMEX, with December futures dropping by 0.31 percent, amounting to $46.63 per ounce. The precious metals market continues to respond to global economic developments.
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