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The price of gold : Price of gold falls in trading

The price of gold Price of gold falls in trading

The price of gold fell 0.8 percent to U.S. $1822.79 per ounce during trading today after gaining 2.6 percent to U.S. $1839.40 yesterday, reported Reuters.

The price of gold, often considered a safe investment in times of economic uncertainty, is up 12.2 percent since August.

The American S&P 500 index fell 6.1 percent.

Other precious metals slipped in trading, like silver, down 0.1 percent to U.S. $41.35 per ounce, and platinum, down 0.1 percent to U.S. $1847.99 per ounce.

Palladium gained 0.9 percent, or U.S. $777.22 per ounce.

Source : youm7.com


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