Gold and silver prices decline

Gold futures for June 2026 fell by 2.77% to $4,679.7 per ounce, according to exchange data.

May 2026 silver futures also declined by 4.15% to $72.92 per ounce.

The State Oil Fund of Azerbaijan (SOFAZ) purchased 15.8 tonnes of gold in the second quarter of 2025.

According to the fund, the share of gold in its investment portfolio reached 28.8% as of July 1, up by 3 percentage points compared to April 1.

Aytaj