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2026/08/04
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Gold rises on expectations of U.S. interest rate cuts
[03/12/2024 01:10]
LONDON-SABA
Gold prices rose transactions, on Tuesday, buoyed by growing expectations of a cut in US interest rates this month.
Spot gold rose 0.1 percent to $2,642.42 an ounce after falling about one percent on Monday.
U.S. gold futures rose 0.3 percent to $2,665.30.
Among other precious metals, spot silver rose 0.3 percent to $30.60 an ounce, platinum settled at $946.60, and palladium rose 0.5 percent to $985.86.
Gold prices rose transactions, on Tuesday, buoyed by growing expectations of a cut in US interest rates this month.
Spot gold rose 0.1 percent to $2,642.42 an ounce after falling about one percent on Monday.
U.S. gold futures rose 0.3 percent to $2,665.30.
Among other precious metals, spot silver rose 0.3 percent to $30.60 an ounce, platinum settled at $946.60, and palladium rose 0.5 percent to $985.86.
Key words:
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