Price of gold futures down below $3,250 per troy ounce first since May 5
Business & Economy
May 12, 2025, 12:08
By 11:04 a.m. Moscow time, the price of gold had extended losses to 1.66% and traded at $3,232.9 per troy ounce
MOSCOW, May 12. /TASS/. The price of gold futures contracts for June 2025 delivery on the Comex exchange (a division of the New York Mercantile Exchange) has fallen below $3,250 per troy ounce for the first time since May 5, according to trading data.
As of 10:07 a.m. Moscow time (7:07 a.m. GMT), the gold price was down by 1.23% at $3,247.2 per troy ounce. By 11:04 a.m. Moscow time (8:04 a.m. GMT), the price of gold had extended losses to 1.66% as it traded at $3,232.9 per troy ounce.