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Commodity: the price of gold is rising

17/03/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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Alors que le marché se concentre sur la réunion de la Federal Reserve this week, gold rose slightly on Monday after reaching last week's $3,000 mark for the first time.

American gold futures fell by 0.1% to $2,998.90. Spot gold added 0.2% to $2,991.13 per ounce, starting at 0924 GMT. Prices hit a record $3,004.86 on Friday amid geopolitical uncertainty. Bullion tends to perform well in a low interest rate environment and is also seen as a protection against geopolitical turmoil, economic uncertainty, and inflation

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Spot silver lost 0.2% to $33.71 per ounce, platinum settled at $993.01, and palladium gained 0.5% to $969.78 per ounce.

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