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Gold Busts Above USD4.7K/ Ounce for 1st Time; Silver Slightly Ebbs from New High
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Gold prices surpassed USD4,700 per ounce for the first time ever today (20th), while silver prices also reached a historical high of USD94.72 per ounce before slightly retreating, according to a Reuters report. The report highlighted a flow of capital into safe-haven assets, as global market sentiment has been damaged by US President Donald Trump's recent efforts to claim sovereignty over Greenland from NATO member Denmark and his threats to impose additional tariffs on EU member countries. AAStocks Financial News |
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