Gold and silver prices rise on global commodity markets

Gold and silver prices increased during trading on the New York COMEX exchange.

The price of one troy ounce of gold rose by nearly 1% compared to the previous trading session, settling in the range of $4,287 to $4,293.

Meanwhile, silver prices advanced by over 0.4%, reaching $62.28 per troy ounce.

Market analysts attribute the gain in precious metals to heightened demand in futures trading and broader macroeconomic investor sentiment.

N.Tebrizli