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وكالة الأنباء القطرية
Gold prices climb amid rate hike hopes
Gold prices rose during early Asian trading, with the price of an ounce reaching $4,153.32. This came as expectations of an interest rate hike by the Federal Reserve (the U.S. central bank) in October diminished following recent economic data that showed a slowdown, supporting the prices of the precious metal. Additionally, December gold futures increased by 0.5% to $4,182.40. Other precious metals, such as silver, platinum, and palladium, also saw significant gains.
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