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Gold dips below $4,100

Gold dips below $4,100

Gold prices at the COMEX exchange in the United States dropped below $4,100 per ounce for the first time since June 11, amid selling pressures across global markets. August gold futures declined by 2.49%, reaching $4,097.9, before trimming losses to settle at $4,100.4, a decrease of 2.43%. This decline is attributed to investors monitoring global economic and geopolitical developments and their impact on risk appetite and financial markets.

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