Gold prices ease from one-week high as US dollar strengthens
Wed, Nov 20, 2024 3:04 PM

Gold prices ease from one-week high as US dollar strengthens

A Flip by Avya Verma
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Gold prices eased from a one-week high on Wednesday as the dollar strengthened, though safe-haven demand linked to Russia-Ukraine tensions helped cap further losses. Spot gold was down 0.4% at $2,622.22 per ounce, as of 0833 GMT, after hitting its highest levels since Nov. 11 earlier in the session. U.S. gold futures dropped 0.2% to $2,625.30.

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