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2026-08-05 15:18
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ID #6168
Aug 5 Spot Gold/Silver Prices: Nonfarm Aftershock Hits Asian Session, Gold Faces Key Battle at $2,850
During the Asian session on Aug 5, 2026, spot gold consolidated at highs between $2,840 and $2,850, with silver holding above $32. The shock from weak US nonfarm payrolls continues to fuel bets on a 50bp Fed rate cut in September, while a softer dollar underpins precious metals. This article analyzes Asian spot prices, key technical levels, and institutional views for investors.
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