Baku 23° C
Silver prices rise over 10%
Finance
- 05 February, 2026
- 10:22
Gold and silver prices rose in morning trading, reaching above $4,878.51 and $76 per troy ounce, respectively, Report informs referring to trading data.
Prices fell by 1.53% and 10.86%, respectively.
The decline in prices occurred amid market uncertainty regarding the future monetary policy stance of the US Federal Reserve. Global markets are paying attention to statements by US President Donald Trump regarding possible policy under the new Fed chairman. Trump previously announced that his nominee, Kevin Warsh, intends to lower the key interest rate.
Author
Latest News
11:24
Japan's Fair Trade Commission to fine 30 firms over condo renovation bid-rigging
Other countries11:15
Baku Airport offers extensive route network with nearly 40 airlines this summer
Infrastructure11:12
Nearly 100 bcm of gas transported via TANAP
Energy11:06
Kazakhstan's oil transit via BTC reaches nearly 600,000 tons
Energy10:56
Gold prices fall for second week in row ahead of US Fed meeting
Finance10:41
Azerbaijani Foreign Ministry congratulates Philippines on Independence Day
Foreign policy10:39
Azerbaijani envoy presents credentials at Peru MFA
Foreign policy10:24
Former S. Korean president sentenced to 30 years in prison
Other countries10:19