India, Aug. 6 -- The prices of gold were under scrutiny once again on 6 August 2026 as bullion posted another win and marked the start of its fourth consecutive winning trading day. The demand for safe-haven investments rose as worries about US inflation and interest rate eased down, along with the weakening of the US dollar and Treasury yields. Gold prices reached a high of $4,285.84 an ounce, their highest point since 18 June.

In the US, gold futures rose by 0.9% to close at $4,345.80 an ounce. Silver prices fell by 0.4% to close at $61.84 an ounce however, the general performance of the precious metals was positive as traders looked out for signals from the US Federal Reserve and geopolitical events. In the US, 24K gold prices were re...