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Precious Metals Preview: Gold breaks above $4500 per ounce
23-Dec-2025 08:24
Gold soared sharply after an escalation in tensions between the United States and Venezuela. The yellow metal broke above $4500 per ounce for the first time as investors sought safe havens. Beijing criticised recent US detentions of Venezuelan vessels. Sustained fund buying and tepid US dollar also supported sentiments and COMEX Gold futures are currently trading at $4522 per ounce, up 1.20% on the day.

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