New York: Gold futures declined on commodity markets, falling below the $3,200 mark per troy ounce (31.1 grams). According to Azeri-Press News Agency, June gold futures on the New York COMEX exchange dropped by 1.22% to $3,187.2 per troy ounce. This decline in gold prices marks a significant movement in the commodity markets. Silver futures also experienced a decrease. Silver futures for July delivery on COMEX saw a reduction of 1%, settling at $32.35 per ounce. This trend indicates a broader shift in the market for precious metals.