The price of gold has dropped for the first time since March

The price of gold futures with delivery in August 2026 on the Comex exchange dropped below the $4,250 per troy ounce mark for the first time since March 23.

This is evidenced by trading platform data.

As of 03:23 Baku time, the gold price was declining by 2.66%, standing at $4,247.2 per troy ounce.

By 03:28 Baku time, the decline had slowed, and the futures price was at $4,247.7 per ounce (-2.65%).