Gold hits 7-week high as dollar falls
Gold prices increased for the fourth consecutive day on Thursday, reaching their highest level in seven weeks at around $4,286 per ounce. This rise was supported by a weakening dollar and declining U.S. Treasury bond yields, which boosted its appeal among investors holding other currencies. Other precious metals also saw gains, with silver climbing to $62.34, platinum to $1,750.15, and palladium to $1,377.
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