Commodities
Gold Price Breaks Through $4,500 Barrier on Comex Exchange
The price of gold futures contracts on the Comex exchange has broken through the $4,500 per troy ounce barrier for the first time since June 5, 2026. At 4:00 p.m. Moscow time (1:00 p.m. GMT), gold was traded at 4,502.7/ per troy ounce, up 1.39%. The gains narrowed slightly by 4:05 p.m. Moscow time (1:05 p.m. GMT) to 4,490.5 US dollars per troy ounce, still up 1.11%.
Silver futures for September 2026 delivery also saw a significant increase of 2.26%, reaching 66.4 US dollars per troy ounce. This comes on the heels of Kazakhstan being named one of the world's top five gold buyers in Q2 2026, according to the World Gold Council's quarterly report.