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Gold $3,470.50 $50.3 1.47% Silver $32.45 $(0.25) -0.76% Platinum $976.44 $11.71 1.21% Palladium $949.56 $14.81 1.58%

Gold hits 6-month high on Fed pause expectation, softer dollar

Gold hits 6-month high on Fed pause expectation, softer dollar

Nov 27 (Reuters) - Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to U.S. interest rate hikes lifted demand.

Spot gold was up 0.5% at $2,012.33 per ounce by 1147 GMT, after reaching its highest since May 16 at $2,017.82. U.S. gold futures also rose 0.5% to $2,013.10...[LINK]

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