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Gold prices fall

2019-12-02T09:20:09.983Z


LONDON - Gold prices fell today as investors shifted to riskier assets as they triggered a rally


London-Sana

Gold prices retreated today as investors shifted to riskier assets as a stronger dollar weakened demand for the yellow metal.

Spot gold fell 0.3 percent to $ 1,459.94 an ounce and earlier touched the highest level since November 22, Reuters reported.

Gold futures in the United States lost 0.5 percent to $ 1,466.

Investor demand for gold has been under pressure as the dollar rises, making gold more expensive for buyers using other currencies.

For other precious metals, silver lost 0.6 percent to $ 16.93 an ounce, platinum fell 0.5 percent to $ 896, and palladium fell 0.2 percent to $ 1,838.15.

Source: sena

All business articles on 2019-12-02

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