Gold prices set for third straight week of gains
Gold prices are heading to achieve gains for the third consecutive week, as they settled in early Asian trading at $4,514.23 per ounce. This movement is supported by a declining dollar and efforts by the U.S. Treasury to curb rising long-term bond yields. Since the beginning of the week, gold has gained 3.2%. Other precious metals have also remained stable or increased, with platinum rising by 1.1% to $1,846.29 and palladium reaching $1,333.11. These metals are on track to achieve weekly gains.
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