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<Commodity>Gold Prices Extend Rally, Break Ceiling Again, Surpassing US$4,200
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Driven by rising expectations of interest rate cuts and geopolitical tensions, investors are flocking to safe-haven metals, with gold prices breaching US$4,200 per ounce for the first time on Wednesday. Spot gold peaked at US$4,218.3, and last climbed US$52.8 or 1.3% to US$4,195.8. Gold futures for December delivery peaked at US$4,235.8 during the day, and last added US$47.6 or 1.1% to US$4,211.5 per ounce. AASTOCKS Financial News Website: www.aastocks.com |
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