Friday, May 8, 2026
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Comex Gold Price Plunges 9.54% Weekly, Closes at $4570.40

Comex gold prices concluded the week with a significant decline. The metal finished 9.54% lower. It closed at $4570.40.

Gold settled down 0.7% on Friday. Silver also fell, dropping 2.2%. Both precious metals recorded overall losses for the week.

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Strait of Hormuz Under Fire: U.S. and Iran Escalate Military Strikes

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