The price of gold futures dropped below $4,700 per troy ounce

The price of gold futures fell below $4,700 per troy ounce for the first time since February 5, according to Comex exchange data on March 19.

As of 10:53 Moscow time, the price of gold on the stock exchange was $4691.5 per troy ounce for delivery in April 2026. The difference from the previous close was -3.96%.

At the same time, the price of silver has also dropped significantly. For the first time since February 17, it fell below $72 per troy ounce and at 10:54 Moscow time it amounted to $70,385.

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On the same day, the gold futures price dropped below $4,750 for the first time since February 5. At the same time, the day before, its value dropped below $4.9 thousand per troy ounce. The silver market also showed negative dynamics.

On March 2, two days after the start of the Israeli-American operation Lion's Roar against Iran, The Wall Street Journal predicted a rise in the price of gold to a record $6.5 thousand per ounce.

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