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بوابة أخبار اليوم
Source: بوابة أخبار اليوم
1 Dayبوابة أخبار اليوم
Source: بوابة أخبار اليوم
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Gold prices in the local and global markets have experienced a significant rise since early August. The price of a 21-karat gram increased by about 20 pounds, reaching approximately 6,260 pounds. Meanwhile, the ounce globally grew by 8.3%, rising from $4,041 to $4,376. These increases were driven by a decline in the dollar and reduced expectations of US interest rate hikes, as well as increased selling by gold holders, heightened investment demand, and growing Chinese interest in the metal. Despite a slight decrease in actual demand due to price increases, economic factors such as the weakening dollar, decelerating inflation, and global market conditions continue to support the ongoing rise in gold prices. Market watchers are awaiting upcoming US consumer confidence and inflation data for further cues on the market's next direction.
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