Gold Prices Fall as Dollar Strengthens
Tue, Nov 26, 2024 11:20 AM

Gold Prices Fall as Dollar Strengthens

A Flip by Avya Verma
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Gold prices plummeted to their lowest level in almost a week, falling 0.2% to $2,621.06 an ounce, amid rumors of a possible ceasefire between Israel and Hezbollah and a stronger dollar. Gold has traditionally been a safe-haven asset during geopolitical and economic uncertainty, but a stronger dollar reduces its appeal.

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