Gold Falls from Two-Month Peak
Gold prices retreated today, Friday, after reaching their highest level in over two months, as investors took profits. The yellow metal declined in spot transactions by 0.5% to $4,330.37 per ounce, while U.S. futures contracts for December delivery fell by 0.8% to $4,386.80. This pullback follows gold reaching its highest point since June 5 yesterday, Thursday, before plunging 1.3% and erasing weekly gains, with other precious metals like silver and platinum hitting their lowest levels since early August.
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