Gold Prices Edge Up, Holding Above $2,000 in Spot Transactions Despite Second Consecutive Weekly Decline

Gold Prices Edge Up, Holding Above $2,000 in Spot Transactions Despite Second Consecutive Weekly Decline

In today’s trading, gold prices experienced a slight increase, maintaining a position above the $2,000 threshold in spot transactions while heading for a second consecutive weekly decline.

As of 12:48 pm UAE time, the precious metal saw a 0.06% rise, equivalent to $1.21, reaching $2,005.63 per ounce.

Meanwhile, gold contracts for April 2024 delivery recorded a 0.11% decrease, amounting to $2.15, with the price settling at $2,017.05 per ounce.

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