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Gold Stabilizes As Dollar Declines

Dubai –  Massader News

Gold prices settled on Friday, and the metal futures contract for August delivery reached $ 1270.30 an ounce, as the dollar continued to decline, according to a report published by Mubasher.

The spot price of precious metals rose by more than 0.1% to reach $ 1268.65 an ounce.

The dollar’s main index, which measures the performance of the US currency against six major currencies, fell by 0.3% to $ 94.607, according to Mubasher.

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