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November 20, 2024

Gold Surges to One-Week High Amid Geopolitical Tensions

Gold price experiences a surge for the third consecutive day, now reaching a one-and-a-half-week high near $2,641-2,642. Growing tensions in Russia and Ukraine are boosting the demand for gold as a safe haven. This trend, along with a subdued US Dollar, aids gold’s climb. Investors are advised to watch geopolitical developments closely as they could impact the precious metal’s performance in the near term.

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