Gold Approaching Weekly Low
The article focuses on the decline in gold prices near their lowest levels in a week, amid increasing expectations of a potential interest rate hike in the United States. This comes as investors await the upcoming release of the U.S. Consumer Price Index data. Spot gold prices stabilized at $4,318.88 per ounce, while December futures declined by 1.1% to $4,359.50. Other precious metals, such as silver, platinum, and palladium, also saw declines.
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