Gold futures on the Comex exchange dropped below $4,250 per troy ounce for the first time since August 5, according to trading platform data.
Gold futures on the Comex exchange fell below the $4,250-per-troy-ounce mark for the first time since August 5, trading data released by the platform showed.
At around 05:12 Baku time, futures prices were down 1.74% at $4,246.2 per troy ounce.
Shortly afterward, at around 05:20, the pace of the decline eased. Gold stabilized at $4,251.7 per troy ounce, still down 1.61% from the previous reading.
