Commodities
Gold and Silver Futures Decline on COMEX
The price of gold and silver futures has declined on the COMEX commodity exchange in New York. According to APA-Economics, the June 2026 gold futures for one troy ounce (31.1 grams) dropped by 0.52% to US$4,029.1.
This is a significant decrease in the price of gold, which has been a stable store of value and hedge against inflation. The decline may be attributed to various market factors, including changes in global economic conditions or shifts in investor sentiment.
Meanwhile, the July 2026 silver futures for one ounce on COMEX also fell by 0.83% to US$57.57.