New Delhi, June 26 -- Gold and silver prices remained under pressure on Friday and were on track to register a fourth consecutive weekly decline as a stronger US dollar and persistent expectations of higher US interest rates continued to erode demand for the precious metals.

Spot gold fell 0.9% to $3,991.49 per ounce by 0247 GMT, while US gold futures for August delivery declined 1% to $4,007.30. Silver also remained under pressure, with spot prices dropping 3.2% to $56.01 per ounce.

The latest decline pushed precious metals below the psychologically important $4,000-an-ounce mark for the first time since November 2025 earlier this week. Gold has now fallen about 29% from its record high of $5,594.82 an ounce touched on January 29 and i...