Value of gold declines

12:04 - 7.03.2025


March 7, Fineko/abc.az. The price of gold is declining on Friday morning after increasing during four consecutive trading sessions since the beginning of this week, according to trading data.

ABC.AZ reports that as of 9:54 a.m., the price of April’s gold futures on the New York Comex Exchange was down from the previous close by $9.11, or 0.31%, to $2,917.49 per troy ounce. Over the previous four trading days since the beginning of this week, gold prices have risen by 2.74%.

At the same time, May’s silver futures fell by 0.45% to $ 33.188 per ounce.