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Gold Prices Drop Amid Strong Dollar and U.S.-Iran Tensions

4/6/2026

50 8 Full Breakdown

Summary

Story summary

Gold prices fell on April 6, 2026, as a stronger dollar and higher oil prices amid the U.S.-Iran war weighed on sentiment.
Spot gold fell 0.9 percent to $4,631.69 per ounce.
Nonfarm payrolls rose by 178,000 in March 2026, and U.S. gold futures declined 0.5 percent.
In India, MCX gold futures fell nearly 1% to INR1,48,298 per 10 grams, with volatility expected and support at INR1,47,200 and resistance at INR1,51,100.

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Story summary

Gold prices fell on April 6, 2026, as a stronger dollar and higher oil prices amid the U.S.-Iran war weighed on sentiment.
Spot gold fell 0.9 percent to $4,631.69 per ounce.
Nonfarm payrolls rose by 178,000 in March 2026, and U.S. gold futures declined 0.5 percent.
In India, MCX gold futures fell nearly 1% to INR1,48,298 per 10 grams, with volatility expected and support at INR1,47,200 and resistance at INR1,51,100.