Silver futures for July 2026 delivery on the Comex exchange saw a significant drop of over 5%, trading at $62.135 per troy ounce as of 10:00 Moscow time. Gold futures also experienced a decline.
Futures prices for platinum, palladium, gold, and silver saw significant gains on the New York Mercantile Exchange (NYMEX) and Comex. Palladium futures were up 3.14%, platinum futures gained 3.43%, gold futures rose 2.31%, and silver futures increased by 3.39% as of 10:30 a.m. Moscow time.
Silver futures for July 2026 surpass $90/troy ounce for the first time since March 10, 2026, reaching $90.025 (5.18% gain) before narrowing to $89.78 (4.89% gain) by 7:20 PM Moscow time; gold futures for June 2026 up 0.46% to $4,708.4/troy ounce.
The Hong Kong Exchanges and Clearing (HKEX) is pressing ahead with the relaunch of gold futures as mainland China’s appetite for the metal continues to grow. The city would continue to introduce new gold products and facilities to capture the growing opportunities of the gold market, Financial Secretary Paul Chan Mo-po said on Thursday at the LME Asia Metals Seminar 2026 in Hong Kong. The HKEX planned to relaunch gold futures in coming months and seek market feedback to refine the products,...
Gold futures for June 2026 delivery on the Comex exchange fell below $4,650 per troy ounce for the first time since April 13, 2026, trading down 1.19% at $4,638. Silver futures also declined sharply, down 2.52% at $73.135 per troy ounce.
Gold futures declined 0.23% on the Multi Commodity Exchange to Rs 1,52,350 per 10 grams, tracking weak global cues and softer spot demand. International gold futures fell 0.05% to $4,711.98 per ounce in New York. Retail prices across major Indian cities showed mixed trends, with Bengaluru, Chennai and Hyderabad remaining flat while Delhi, Mumbai, Kolkata, Ahmedabad, Jaipur, Bhubaneswar, Pune and Kanpur recorded marginal gains.
Precious metals futures declined 1.47-3.49% on NYMEX and COMEX, with palladium falling 3.49% to $1,545 per troy ounce and platinum down 2.7% to $2,083.9/oz. Gold futures dropped 1.47% to $4,808/oz while silver fell 3.18% to $79.24/oz. The decline is linked to Middle East tensions following US-Israel operation against Iran launched February 28, with a failed ceasefire and ongoing naval blockade adding to market uncertainty.
