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Gold price tops $3,400 per troy ounce, first time since July 23

Brent crude futures for October 2025 delivery on the London ICE exchange were trading lower, according to market data

MOSCOW, August 1. /TASS/. The price of gold futures for December 2025 delivery on the Comex exchange (a division of the New York Mercantile Exchange) rose above $3,400 per troy ounce for the first time since July 23, 2025, according to data from the trading platform.

As of 4:10 p.m. Moscow time, the precious metal was up 1.8% at $3,401.90 per troy ounce. By 4:27 p.m., gold had slightly accelerated its gains to $3,405.50 per ounce (+1.91%).

Meanwhile, Brent crude futures for October 2025 delivery on the London ICE exchange were trading lower, according to market data. As of 4:27 p.m. Moscow time, Brent was down 0.39% at $71.50 per barrel, while WTI futures for September 2025 delivery slipped 0.35% to $69.16 per barrel.