Gold gains amid falling dollar
Gold prices increased today by approximately 0.8%, reaching $4,032.74 per ounce after the US inflation reading aligned with expectations, which eased fears of a Federal Reserve interest rate hike. Additionally, U.S. gold futures rose by 1% to $4,047.60 per ounce, while other precious metals saw notable gains, such as silver, which increased by 1.7% to $58.38.
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