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Gold prices drop amid strong dollar
Nada Ali Published in Amwal Al Ghad on 28 - 04 - 2025

Gold prices dropped by over one per cent on Monday, with the dollar remaining strong and optimism about a reduction in US-China trade tensions reducing demand for safe-haven assets.
As of 11:40 PM GMT, spot gold fell 0.77 per cent to $3,292.66 per ounce, down from Friday's closing price of $3,318.2. Meanwhile, US gold futures rose 0.19 per cent to $3,304.74 per ounce, compared to the previous close of $3,298.4.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama

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