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Metals: slight rise in gold

20/08/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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On Wednesday, gold rose slightly, while remaining close to its lowest levels in three weeks.

The spot gold price rose by 0.3% to $3,325.96 per ounce at 10:09 GMT, after reaching the lowest level since August 1.

American gold futures for delivery in December rose 0.3% to $3,368.40 USD.

Han Tan, market manager at the Nemo.Money investment platform, indicates that “spot gold should continue to move sideways as long as the Fed does not resume its rate cutting cycle, while the resilience of the dollar since the beginning of the month is also complicating a rise in the yellow metal”. nbsp;”.

In addition, cash fell by 0.8% to $37.06 per ounce, platinum gained 0.8% to $1,316.96 USD and palladium fell 0.6% to $1,108.30 USD.

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