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Gold Prices Hit Six Month Peak Amid Dollar Decline Speculation Of Fed Rate Cut - BW Businessworld

The surge in gold prices on Wednesday follows a nearly one per cent increase on Tuesday on the New York Commodity Exchange, where gold reached USD 2,028 per ounce. This upward trajectory coincided with a decrease in US government bond yields and a weakening dollar against several major currencies, , gold prices, fed rate cut ....

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