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Gold rises near historical levels ahead of US data

Gold rises near historical levels ahead of US data

Update prices

He went up gold In spot transactions, it rose 0.3 percent to $2,682.14 per ounce by 0221 GMT. Yesterday, Wednesday, prices reached 2685.16, a level slightly lower than the record level recorded on September 26, which amounted to $2685.42.

US gold futures also rose 0.2 percent to $2,697.40.

said Kelvin Wong, chief market analyst for the Asia region And the Pacific Ocean OANDA has a presidency Trump To support gold because it may lead to increased trade tensions and an expansion of the budget deficit.”

Statements are scheduled to be issued Retail sales US industrial production for September, as well as weekly unemployment claims data, are due later in the day.

It is also likely to be reduced European Central Bank Prices Interest Again, this is due to that Inflation in Eurozone It is now increasingly under control.

It usually goes up Gold prices In a low interest rate environmentGeopolitical tensions.

As for other precious metals, it rose Silver In spot transactions, 0.4 percent to $31.79 per ounce. And it increased Platinum By 1.2 percent to $1005.00. And he won Palladium By 0.5 percent to $1,028.72 per ounce, according to Reuters data.



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