In world commodity markets, the price of gold has approached 4600 dollars.
Modern.az reports that an increase has been observed in the prices of precious and industrial metals in world markets.
Specifically, on the Comex exchange, the price of gold's June futures increased by 158.30 US dollars or 3.57% to 4,592.40 dollars/ounce. Meanwhile, in the spot market, the price of gold increased by 83.17 dollars or 1.86% to 4,558.68 dollars/ounce.
At the same time, silver's May futures rose by 3.97 dollars to 73.54 dollars/ounce. Meanwhile, copper's May futures increased by 1.39%, reaching the level of 553.10 dollars.
Furthermore, in the spot market, the price of platinum increased by 33.60 dollars or 1.74% to 1,964.67 dollars/ounce.
Analysts state that the price increase is mainly due to investors moving out of risky assets and turning towards precious metals considered more reliable, as well as the continuation of global geopolitical tensions.
