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Gold Rises After Two Declines

M. Ali 23 December, 2020 11:00 pm Commodities, Market Update

After two consecutive declines this week, gold prices rose on Wednesday, supported by a decline by the US Dollar (USD) on the back of mixed economic data.

Gold futures for February delivery rose by $7.80, or 0.4%, to finish at $1,878.10 per ounce.

Meanwhile, Silver futures for March delivery added 38.6 cents, or 1.5%, to close at $25.921 per ounce.

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