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November 22, 2024

Gold Price Nears Two-Week Peak: Market Factors at Play

Gold prices (XAU/USD) continue to experience an upward trend, now nearing a two-week high around the $2,690 to $2,691 range. This increase extends its gains into the fifth consecutive day as investors flock to safe-haven assets amid ongoing geopolitical tensions, particularly relating to the Russia-Ukraine conflict. As the situation develops, analysts highlight that these tensions are pivotal in driving market behavior. Keeping abreast of these factors will help investors make well-informed decisions regarding their gold investments.

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