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Global gold prices increase on Friday
Gold prices worldwide rose today, Friday, by more than one percent, supported by a decline in the dollar, a decrease in U.S. Treasury bond yields, and a drop in oil prices. The price of an ounce (troy ounce) reached $4,177.44 in spot transactions, after hitting its lowest level in two months on Wednesday. Additionally, gold futures in the U.S. market rose to $4,202. This increase comes amid investors' assessment of inflation concerns and the Federal Reserve's expected interest rate path.
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