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<Commodity>Gold Price Up 2% Atop USD4,900 for First Time; Silver and Platinum Also Hit Record Highs
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On Thursday, gold prices crossed USD4,900 for the first time, and notched a new high, while silver and platinum prices also hit historical highs. The US November inflation data met expectations, prompting market assessments of the Fed’s rate cut pace. Spot gold added 2.2% to USD4,936 per ounce. Gold futures for February delivery increased by USD75.9 or 1.6% to USD4,913.4 per ounce. AASTOCKS Financial News Website: www.aastocks.com |
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