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Gold drops one percent
Gold prices fell by around 1% in trading on November 7, 2026, after economic data boosted the dollar and Treasury yields. Spot gold slipped 0.3% to $4,047.36 an ounce, after touching $4,033.29. Despite the daily decline, spot gold gained 5.2% over the week, while U.S. gold futures for December delivery fell 0.9% to $4,074.90.
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