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Worldwide gold costs exceeded $5,000 per ounce for the primary time in historical past.
Reuters reported that as of Korean time Jan. 26 8:04 AM (Greenwich Customary Time Jan. 25 11:04 PM), worldwide gold spot costs recorded $5,019.85 per ounce, up 0.75% from the earlier session, breaking by way of $5,000.
February supply gold futures costs confirmed $5,020.60 on the identical time, up 0.84%.
Gold costs, as a safe-haven asset, rose about 65% final 12 months and are exhibiting an upward pattern this 12 months as properly because of the aftermath of heightened geopolitical tensions and avoidance of greenback property.
Home gold costs are additionally being traded at over 1 million gained per 1 don (3.75 grams)
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