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Gold: rising prices

27/02/2024
Source : ORISHAS FINANCE
Categories: Raw materials

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Alors que les investisseurs attendent un rapport clé sur l' inflation américaine dans une semaine remplie de publications de données et de discours de plusieurs responsables from the Federal Reserve for New clues about the central bank's potential rate cut schedule, gold prices rose slightly on Tuesday due to a weaker dollar.

Spot gold rose 0.2% to $2,034.08 per ounce at 0436 GMT. U.S. gold futures also rose 0.2% to $2,043.60 per ounce.

< XAU-XAG>The support for gold follows the entry of Japan and the United Kingdom into a technical recession, a trend that is reflected in the gold-silver ratio which is currently at 90.

Platinum rose 0.6% to $885.20 per ounce, palladium rose 0.1% to $951.82, and silver rose 0.2% to $22.56 per ounce.

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