Gold increases by 1 percent
Gold prices recorded a 1% increase, reaching their highest level in over two months. The spot price of an ounce rose to $4,433.62, while December futures climbed to $4,493. Additionally, silver prices increased by 1% to $65.91 per ounce, hitting their highest level since June 22. Platinum rose by 0.3% to $1,762.70, and palladium gained 0.1% to $1,371.20. This indicates a growing demand for precious metals amid expectations of continuing gold price increases.
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