Gold hits two-week high at $4113
Gold prices rose today to their highest level in about two weeks, reaching $4,113.73 per ounce, supported by technical buying ahead of the U.S. Federal Reserve’s interest rate decision next week. Additionally, August gold futures increased to $4,119.1, as other precious metals such as silver, platinum, and palladium gained between 1.6% and 1.8%. The rise is attributed to the decline in the dollar index, improved oil prices, and higher U.S. Treasury bond yields.
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