Tuesday, November 26, 2024
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Gold prices top $2,000 an ounce, on track for highest finish since July


Gold futures climbed Tuesday, topping $2,000 an ounce and headed for their highest finish since late July.

Strong central bank buying of the precious metal, along with signs of easing U.S. inflation that lifted expectations for an end to the Federal Reserve’s interest-rate hikes, provided the support the precious metal needed to trade above that key price level.

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