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Gold Hits Record High amid Global Tensions

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Gold prices surged to a record high today, as conflicts in the Middle East and uncertainty surrounding the upcoming US election spurred demand for safe-haven assets.

Spot gold traded at $2,749.82 per ounce, after hitting an all-time high of $2,750.21 earlier in the session.

US gold futures also rose 0.2 % to $2,764.

Spot silver fell 0.5% to $34.67 per ounce, after hitting its highest since late 2012 at $34.87 in the previous session. Platinum rose 0.5% at $1,033.88 and palladium added 0.3% to $1,078.72.

Source: Oman News Agency

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