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Gold price hits $4,426.52
Gold prices rose significantly today, reaching $4,426.52 per ounce, supported by a weak dollar and the fading expectations of an interest rate hike by the U.S. Federal Reserve. Other precious metals also saw notable gains, with silver increasing to $66.44 per ounce, platinum to $1,783, and palladium to $1,332.49. This increase comes amid falling oil prices and geopolitical tensions, as investors monitor economic developments, the impact of U.S. monetary policies, and regional situations.
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