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وكالة الأنباء القطرية
Gold falls on profit-taking
Gold prices declined today by about 0.5% in spot transactions to $4,330.37 per ounce, and by 0.8% in US futures contracts for December delivery to $4,386.80, after reaching its highest level since June before dropping 1.3% to erase weekly gains. This comes amid profit-taking and expectations that the U.S. Federal Reserve will hold interest rates steady in September, with other metals such as silver, platinum, and palladium experiencing significant declines.
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