Gold funds slide on Sunday as the dollar falls while silver funds close positive against the market

The fall in the dollar during Sunday 26 July 2026 trading passed selling pressure through to gold-backed investment funds, leaving most of that market in negative territory. According to Tejarat News, silver-backed funds took a different path and closed in positive territory on the back of a bullish outlook for the metal.

Sahmino's own price feed recorded a 2.1 percent fall in the dollar by the evening of Sunday 26 July. Unit prices of gold commodity funds are tied to the rial price of the metal, so a stronger rial reduces the value of those funds' underlying assets.

The divergence between the two groups of funds in a single session shows that silver and gold investors did not read the market's direction the same way in this session.