Thursday, November 12, 2026Moscow
Economy

Gold fell below $ 4.2 thousand per ounce for the first time since August 5

The price of the futures on the Comex exchange fell below $4250 per troy ounce for the first time since August 5. This is evidenced by the data of the trading platform.

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The price of the futures on the Comex exchange fell below $4250 per troy ounce for the first time since August 5. This is evidenced by the data of the trading platform.

According to 04:12 MSK, the price of the precious metal decreased by 1.74% to $4246 per ounce. By 04:20 GMT, futures slowed down and traded at $4,251, losing 1.61% of its value.

Pressure on the precious metal is exerted by the tightening of the position of the US Federal Reserve - signals about raising rates. From its January peak of $5,318 an ounce, gold has so far lost more than 20%.

Source: Коммерсантъ ↗

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