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Gold Price Falls Globally Today Thursday July 23
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Ounce drops to $4133 after profit taking
Gold prices fell today, Thursday July 23, 2026, as the yellow metal retreated from a two-week high on profit taking after a strong rally.
Spot gold dropped to $4,133.39 per ounce by 01:15 GMT, after reaching $4,165.87 yesterday, its highest since July 7.
US gold futures for August delivery fell 0.4% to $4,136.8 per ounce.
Other precious metals saw silver rise 0.1% to $59.78, platinum up 0.1% to $1,646.57, and palladium up 0.4% to $1,296.50.
Markets are now focused on next week's Fed meeting for clues on interest rates.