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Gold Heads for Biggest Gain Since 2010
News December 31, 2024 at 11:32 AM
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What You Need To Know
- Its 27% advance this year is tied to monetary easing, geopolitical risks and central bank purchases.
- Other metals have struggled in large part because of China’s prolonged economic slowdown.
- In Tuesday’s trading, spot gold rose to nearly $2,616 an ounce, down from its October peak of $2,790.
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