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Spot Gold Rises 3.78% to $4,960 per Ounce

Spot Gold Rises 3.78% to $4,960 per Ounce

Spot gold continues its upward trend, reaching $4,960 per ounce as investors seek refuge in safe-haven assets amid volatile market conditions.

GT

Summary

Spot gold surged by 3.78%, reaching $4,960 per ounce, according to Gate data. This marks an extension of its upward trend, fueled by investor demand for gold as a safe-haven asset in times of market volatility.

Terms & Concepts
  • Spot Gold: The current market price at which gold can be bought or sold for immediate delivery.