12:17 - 4.12.2025

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December 4, Fineko/abc.az. The price of gold declined slightly on Thursday morning due to the strengthening of the dollar and rising yields on U.S. government bonds.

ABC.AZ reports that as of 9:29 a.m. (Baku time), February gold futures on the NYMEX fell by $6.85 (-0.16%) to $4,225.6 per troy ounce. March silver futures, on the contrary, rose by 0.23% to 58.74 dollars per ounce.

The dollar index increased by 0.12% to 99 points, which reduces the demand for gold from holders of other currencies. The yield on 10-year U.S. Treasury bonds rose from 4.058% to 4.086%, making the bonds a more attractive alternative to gold.