In international markets, a monthly decline in the prices of precious metals was recorded in July 2026. However, prices for both gold and silver remain at a high level compared to the same period last year.
This is reported by “Elchi” with reference to the World Bank’s monthly report on commodity prices.
In addition, in the second quarter of 2026, the average price of gold was 4,512 US dollars per troy ounce, which is 37% higher compared to the same period in 2025. The average price of silver rose to 73.5 US dollars, an increase of 118.1% compared to the same period last year.
According to the World Bank, the growth trend for precious metals continued in 2025. Thus, the average annual price of gold was 3,442 US dollars, up 44.1% compared to 2024. The average annual price of silver was 39.8 US dollars, which is 40.6% higher than the previous year.