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Price of gold came down to around $4,112 an ounce on Friday, October 24.

Oct 24, 05:33 PM IST 2 min read

Gold prices are set to decline for the first time in nine weeks, dropping to approximately $4,112 per ounce, marking a 3% decrease. This decline is influenced by eased demand amid expectations of a US-China trade deal and a potential Federal Reserve interest rate cut. The correction follows a rally that peaked at $4,381.52 per ounce earlier this month.

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