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Global Markets Push Gold to $4,600 and Silver to $69 per Ounce
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News Analysis IndiaReporter
August 21, 2026
06:54 AM
In overseas markets, gold opened at $4,577 per ounce on the COMEX and briefly peaked at $4,604.40. It closed the session around $4,612, a gain of $40.60 (0.89 %). Silver started the day at $68.29 and reached a high of $69.25 before settling near $68.88, up $0.77 (1.14 %).
These levels provided a supportive backdrop for India’s local market, where the domestic gold price hovered near $4,600 and silver near $69 per ounce. The parallel rise across continents underscores the heightened demand for precious metals as investors seek protection against escalating economic and political risks.
