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Gold Rises 3% Past $4,000
Gold rose about 3% in Wednesday’s trading to $4,044.91 an ounce, reclaiming the $4,000 level after sharp losses. The rally came as the dollar and U.S. Treasury yields fell and investors flocked to safe-haven assets while results from the congressional midterm elections were being tallied. Gains also extended to silver, which rose more than 3% to $51.38 an ounce, and platinum, which climbed 3% to $1,465.29.
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