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BackGold futures dip below $4,250 on COMEX before recovering slightly
Gold futures dip below $4,250 on COMEX before recovering slightly
BREAKING
TASS51 minutes agoBusiness1 min readRussia

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.

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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?

Related Topics

This article was originally published by TASS.

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