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Middle East peace may boost gold prices

Middle East peace may boost gold prices

After the announcement of reaching an agreement to end the conflict in the Middle East, gold prices rose by more than 2%, recording $4,322.87 per ounce in spot transactions and $4,344.80 for futures contracts. Other precious metals also saw significant gains, with silver increasing by 3.6% to $70.39, platinum rising by 3.3% to $1,773.70, and palladium reaching $1,324.75 per ounce.

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