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Maroc Maroc - WN.COM - Americas - Hier 15:28

Commodity wrap: gold continues climb on safe-haven demand; oil prices steady

Gold prices continued to climb on Tuesday due to increasing safe-haven demand for the precious metal. Oil prices were steady after rising more than 1% in the previous session as the Organization of the Petroleum Exporting Countries and allies opted for a modest increase in production for November. Silver prices were in the bear territory, while copper on the London Metal Exchange was slightly higher. Gold hits record high The December gold contract on COMEX breached the $4,000-per-ounce mark on Tuesday briefly for the first time ever. This situation is, according to some media reports, a result of the current US government...

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