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<Commodity>Spot Gold Nears USD4,900 Lv., as US Inflation Meets Expectations
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US November inflation data aligned with expectations, prompting the market to assess the Federal Reserve's pace of interest rate cuts. Gold prices continued to rise on Thursday, with spot gold increasing by 0.9% to USD4,873.8 per ounce. Gold futures for February delivery hiked by USD38.3 or 0.8% to USD4,875.8 per ounce. AASTOCKS Financial News Website: www.aastocks.com |
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