Gold, Silver Prices Fall as Profit Booking and Strong Dollar Weigh

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Finance

7 August 2026 at 2:01 am

Gold, Silver Prices Fall as Profit Booking and Strong Dollar Weigh

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Summary

Gold and silver prices declined on August 6 due to profit-taking by investors and a stronger US dollar. Gold futures fell to $4,290 and silver to $61.12 per ounce, influenced by easing Middle East tensions and weak US job growth data.

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