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Sharjah24
Gold Falls and Silver Drops Slightly
Gold prices declined on Wednesday, with the yellow metal in spot transactions dropping by 0.1% to $4,349.44 per ounce. U.S. futures contracts also fell by 1% to $4,393.30. Additionally, silver prices in spot trading decreased by 0.1% to $65.84 per ounce, while platinum rose by 0.6% to $1,824.53, and palladium declined by 0.2% to $1,345.83. This downturn comes as investors await U.S. employment and inflation data, with precious metals experiencing fluctuations driven by movements in the dollar and U.S. bond yields.
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