Gold rises 3.5% to $4,488

Gold prices increased by 3.5%, reaching $4,488 per ounce, amid market fluctuations due to declining Treasury bond yields and investors awaiting the Federal Reserve's meeting minutes. The rise is attributed to reduced expectations of rate hikes by the U.S. Federal Reserve, which has boosted gold's appeal as a safe haven, while the market continues to monitor economic developments and potential future monetary policy measures.

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