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Precious metals: slight rise in gold

19/11/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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This Wednesday, gold prices rose slightly progressed. Investors await the publication of the minutes of the last monetary policy meeting of the US Federal Reserve as well that data on employment in the United States, which is likely to provide a additional insight into the bank's interest rate trajectory power plant.

At 04:49 GMT, spot gold gained 0.2% at $4,074 per ounce American gold futures for deliveries in December also increased by 0.2% at $4,074.40 per ounce According to Tim Waterer, Chief Market Analyst at KCM Trade, “the momentum in gold was somewhat hampered by the Strength of the US dollar and uncertainty about the next date Fed rate cuts.”

Gold, which does not generate returns, tends to perform well in a low interest rate environment and during periods economic uncertainty.

Elsewhere on the market, spot silver increased by 0.4% to $50.90 per ounce, the platinum fell by 0.2% to $1,533.82, while palladium gained 0.6% to $1,409.19

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