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Commodities

Gold Price Holds Steady Near $4,500 Amid Risk Warnings

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The XAU/USD price is holding near $4,500, according to Markets.com. This is significant for investors in gold and other precious metals.

Markets South Africa (Pty) Ltd, which operates the www.markets.com/za/ site, notes that trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) carries a high level of risk and may result in losses.

The company emphasizes the importance of understanding these risks and advises against speculating with capital that cannot be afforded to lose.

Markets South Africa is regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012.

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