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2021-12-11T07:08:46.393Z
London, SANA- Gold prices rose with the rise in consumer prices in the United States last November London-Sana Gold prices rose with the rise in consumer prices in the United States last November, which strengthened the attractiveness of the precious metal to hedge against inflation. According to Reuters, gold in spot transactions rose 0.5% to $1782.44 an ounce, while US gold futures contracts increased by 0.5% at settlement to $1784.80. The precious metal also received support from the doll
London-Sana
Gold prices rose with the rise in consumer prices in the United States last November, which strengthened the attractiveness of the precious metal to hedge against inflation.
According to Reuters, gold in spot transactions rose 0.5% to $1782.44 an ounce, while US gold futures contracts increased by 0.5% at settlement to $1784.80.
The precious metal also received support from the dollar's decline, which increased the attractiveness of gold to buyers abroad.
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