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Commodities

Gold Price Surpasses $4,700 Per Troy Ounce

Guavy AI Editorial Team
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Gold
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The price of gold has surpassed $4,700 per troy ounce for the first time since May on the New York Mercantile Exchange (COMEX), according to trading data. This increase marks a significant milestone in the precious metal's value, which last traded at this level in May 2026.

As of 06:10 Baku time, gold prices were up 0.55% and reached $4,706.4 per troy ounce. By 06:30, the futures contract's growth rate had increased to a 0.77% gain with the price reaching $4,713.8 per troy ounce.

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