Spot gold rose about 2.5% this week
Jinse Finance reported that on Friday (December 12), at the close of trading in New York, spot gold rose by 0.53% to $4,302.68 per ounce, with a cumulative increase of 2.49% for the week. From Monday to Wednesday (before the Federal Reserve announced interest rate cuts and Treasury purchases), prices remained roughly flat, then continued to rise, with a significant pullback on Friday. COMEX gold futures rose by 0.48% to $4,333.60 per ounce, up 2.14% for the week, and once climbed to $4,387.80 on Friday.
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