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Gold climbs toward first weekly rise
Gold price rose by more than 1% today, Friday, approaching its first weekly gain in five weeks, after Federal Reserve interest rate hike expectations decreased following weaker-than-expected U.S. employment data. Spot gold reached a record high since June 23 at approximately $4,179.94 per ounce. Meanwhile, other precious metals such as silver, platinum, and palladium also increased, hitting their highest levels in over a week.
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