Gold reaches highest level since May
Gold prices experienced a significant surge today, reaching their highest level in over three months. The spot price of an ounce rose to $4,636.34, an increase of 0.7%, while US gold futures climbed by 0.3% to $4,694.80. This rise comes amid a continued trend of gold gaining for the third consecutive week, as demand for the precious metal increases amidst global market volatility. Additionally, other precious metals saw notable gains, with silver rising by 0.8%, platinum by 0.4%, and palladium by 0.1%.
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