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Gold Rally Continues Near $2,050 per Ounce

M. Ali 5 August, 2020 10:37 pm Commodities, Market Update

Gold prices rose on Wednesday reaching another record high level on the back of increased demand for the previous metal.

Gold futures for December delivery added $28.30 or 1.4% and settled at $2,049.30 per ounce.

The yellow metal has now gained about 34% since the beginning of 2020.

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