Baku 20° C
Gold falls over 2%
Finance
- 30 January, 2026
- 11:01
Gold prices fell more than 2% on Friday morning, weighed down by a combination of factors, including expectations for the announcement of a new Federal Reserve chairman, Report informs referring to trading data.
The price of April gold futures on the New York Comex exchange fell $117.40 from the previous close, or 2.19%, to $5,237.40 per troy ounce.
March silver futures fell 2.96% to $111.045 per ounce.
Investors are monitoring news regarding US monetary policy. US President Donald Trump announced that he will announce the nomination of a new Federal Reserve chairman on Friday morning local time. He has previously repeatedly criticized current Fed Chairman Jerome Powell for his slow pace of interest rate cuts.
Author
Latest News
00:06
Congo says number of confirmed Ebola cases rises to 635
Other countries23:37
Azerbaijan urges mine-action support on behalf of 19 states
Foreign policy23:16
Azerbaijan crucial for Europe's energy market, Moldovan minister says
Energy22:49
Azerbaijan, Austria hold first consular consultations
Foreign policy22:23
Trump congratulates Pashinyan on victory in parliamentary elections
Other countries21:58
Sybiha: 47 states, EU condemn Russia's attack on nuclear facility
Other countries21:52
Photo
Azerbaijan, Netherlands launch probation cooperation project
Foreign policy21:37
Bodies of Azerbaijanis killed in Sea of Azov attack brought home
Foreign policy21:26