Money and business

Urgent: It rose 1.2%… Gold exceeds $4,200 with hopes of a rate cut


today, Wednesday, rose above $4,200 per ounce, supported by expectations of a US interest rate cut and trade tensions between Washington and Beijing, which prompted investors to search for safe havens.

And it rose (1.2%) to ($4,188.95), while December futures contracts rose (1%) to ($4,205.20).

Silver price

And (2.5%) to ($52.75), and platinum and palladium rose to ($1,651.85) and ($1,553.43), respectively.

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