Gold hits lowest level in over a year

Gold prices extended losses for a third consecutive session on Thursday, falling around three percent to their lowest level in more than a year, WAM reports.

photo: QAZINFORM

Spot gold dropped 2.9 percent to US$3,871.31 per ounce by 17:30 GMT, after touching its lowest level since October 2025 earlier in the session.

US gold futures for December delivery fell 3.2 percent to $3,872 per ounce.

Earlier, Qazinform News Agency reported that in September 2026, Kazakhstan purchased five tons of gold, boosting its international reserves, according to a World Gold Council (WGC) report.