Gold futures dip below $4,250 on COMEX before recovering slightly
Quick Look
- Gold futures on the COMEX exchange fell below $4,250 per troy ounce for the first time since August 5, 2026, before recovering slightly to $4,251.7 by 4:20 a.m.
- Moscow time, according to TASS reporting on September 28.
AI-generated summary
Why It Matters
Gold futures were trading above $4,250 prior to the dip, with the last breach below this level occurring on August 5, 2026.
MOSCOW, 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%.
Open Questions
- What caused the initial drop in gold futures?
- Will gold prices continue to decline or stabilize above $4,250?







