Gold fell 1.6% and silver dropped 4.3% this past week as a fragile U.S. jobs report and a fresh U.S.-Iran flare-up pulled precious metals in opposite directions within days of each other. Spot gold started the week near $4,175 an ounce. Futures pushed as high as $4,215.50 on Monday after the Bureau of Labor Statistics []
Gold Prices Slide as Iran Tensions Erase Weak US Jobs Report Rally Gains
Bitcoin.com - 12 Jul 2026 19:57
Gold fell 1.6% and silver dropped 4.3% this past week as a fragile U.S. jobs report and a fresh U.S.-Iran flare-up pulled precious metals in opposite directions within days of each other. Spot gold started the week near $4,175 an ounce. Futures pushed as high as $4,215.50 on Monday after the Bureau of Labor Statistics []
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