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Gold Futures Fall 1.91% to $4,078 per Ounce on July 8 Amid Geopolitical Tensions

2026-07-08 20:37:10

XAU-0.73%

According to CME data, COMEX August gold futures (GCQ6) fell 1.91% to $4,078 per troy ounce on July 8 (U.S. Eastern Time afternoon), down $79.40 from the previous settlement of $4,157.40. The decline reflected a pullback from earlier geopolitical concerns, as U.S. Treasury yields and crude oil prices also retreated after initial market reactions.

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