Gold futures drop below $4,450 per troy ounce first time since August 19

The price of gold futures contracts for August delivery on the COMEX exchange has declined below $4,450 per troy ounce for the first time since August 19, 2026, according to trading data, Report informs.

As of 2:48 a.m. GMT, the gold price was down by 1.86% at $4,445.6 per troy ounce.

By 2:59 a.m. GMT, the decline slowed down, with gold trading at $4,472.4 per troy ounce (-1.27%).

Other News

Allianz Trade offers Azerbaijan long-term financing of green projects for up to 22 years 03 September, 2026 / 14:16
CBA currency exchange rates (03.09.2026) 03 September, 2026 / 09:23
Key indicators of world commodity, stock, and currency markets (03.09.2026) 03 September, 2026 / 09:09
Azerbaijan, Santander Bank discuss financing investment projects 02 September, 2026 / 20:28
CBA currency exchange rates (02.09.2026) 02 September, 2026 / 09:28
Key indicators of world commodity, stock, and currency markets (02.09.2026) 02 September, 2026 / 09:11
Anar Pashajanov appointed World Bank advisor for Azerbaijan 01 September, 2026 / 20:23
Azerbaijan's National Depository Center joins European CSD association 01 September, 2026 / 17:26
Masato Kanda reelected ADB president for 5-year term 01 September, 2026 / 10:25
Value of Azerbaijani Central Bank's notes in circulation exceeds AZN 1.5B 01 September, 2026 / 09:57
CBA currency exchange rates (01.09.2026) 01 September, 2026 / 09:32
Key indicators of world commodity, stock, and currency markets (01.09.2026) 01 September, 2026 / 09:19
Azerbaijan's CBA adds Green Taxonomy requirements to credit risk management 31 August, 2026 / 12:00
CBA currency exchange rates (31.08.2026) 31 August, 2026 / 09:37
Life insurance payouts in Azerbaijan rise nearly 32% year-on-year 29 August, 2026 / 16:42
Azerbaijan's mandatory insurance market shrinks by more than 17% 29 August, 2026 / 15:06
Lending to Azerbaijan's economy rises 13% 29 August, 2026 / 13:59
Household deposits in Azerbaijani banks rise nearly 16% year-on-year 29 August, 2026 / 13:45
Broad money supply in manats in Azerbaijan up by nearly 20% 29 August, 2026 / 12:36
Net foreign assets of Azerbaijani banks rise by nearly 21% 29 August, 2026 / 12:02