19 Hrs
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Sharjah24
Gold gains 0.4% as dollar stays steady
The price of gold rose by 0.4% to reach $4,431.09 per ounce, marking the third consecutive session of gains. This increase comes amid the dollar remaining near its lowest levels in several months against most major currencies, supporting the rise in gold. Additionally, other precious metals such as silver and platinum experienced slight gains, while the U.S. dollar remained low following reduced expectations of an interest rate hike in the United States, which further enhances gold's appeal as a safe haven.
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