Russia

Gold futures fall below $4,250 per troy ounce, first time since August 5

TASS English · 2026-09-28

AI SUMMARY

• What happened: Gold futures on the COMEX exchange fell below $4,250 per troy ounce for the first time since August 5, 2026, reaching $4,246.2 per troy ounce, a decline of 1.74%. • Why it matters: This drop in gold prices may indicate shifts in market sentiment and economic conditions, impacting investors and the broader economy. • What to watch next: Monitor gold prices for further fluctuations and any potential market reactions, as well as economic indicators that may influence future trading trends.

Gold futures fall below $4,250 per troy ounce, first time since August 5 As of 1:12 a.m. GMT, gold was down 1.74% at $4,246.2 per troy ounceMOSCOW, September 28. /TASS/. Gold futures on the COMEX exchange fell below $4,250 per troy ounce for the first time since August 5, 2026, according to trading data. As of 4:12 a.m. Moscow time [1:12 a.m. GMT], gold was down 1.74% at $4,246.2 per troy ounce. By 4:20 a.m. Moscow time [1:20 a.m. GMT], the futures contract had pared its losses and was trading at $4,251.7 per troy ounce, down 1.61%. 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Source: TASS English
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