Following confidence and a Fed rate drop, gold prices rise

Gold rates Many people were encouraged by the strong demand for heaven and the mounting anticipation of a significant interest rate decrease by the US Federal Reserve in September.

Spot gold increased by 1338 gmt, or percent, to $ 2413.19 per ounce. US gold futures were trading at $2,452.20, up 0.8%.

Palladium climbed 2.6% to dollar 906, platinum gained 0.8% to dollar 926.9, and silver gained 1.8% to dollar 27.09.

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