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Commodities

Gold and Silver Prices Rise on Wednesday Amid Dollar Weakness

Guavy AI Editorial Team
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International gold and silver prices rose on Wednesday, closing higher for the day.

Gold futures for December delivery on the New York Mercantile Exchange increased by 2.82 percent to settle at $4,545.30 per ounce, while silver futures for September delivery gained 2.79 percent to close at $65.825 per ounce.

The U.S. dollar weakened in late trading, with the dollar index falling 0.83 percent to 98.833 against six major peers.

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