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30 Nov 2023

Gold Reaches 6-Month Peak as Dollar Weakens

Gold rose to $2,013.10 a troy ounce, experiencing a 0.6 percent increase. The ascent to a six-month peak was driven by expectations that the US Federal Reserve would halt interest rate hikes, which weakened the dollar and supported the metal's value during Asian trading. [Source](https://www.ft.com/content/d699fe88-15a5-441c-86c9-1d150aef07b5)