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Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes

CNBC

BusinessCNBC·Aug 6, 2026·1 min read

Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes

Spot gold rose as high as $4,295 per ounce before paring gains to $4,268 per ounce on Thursday. Gold futures were seen trading at $4,329 per ounce.

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