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As of Friday December 6, 2024 : Close

After the Oct 30 all-time high, the sources of buying pressure that had gripped Gold since last June have been subdued. Front -month futures are trading $140/Troy ounce below the high. a 5% decline on a strong dollar and “easing” Middle East tensions. Prices remain 46% higher since October of 2023, and plus 28% on the 2024 calendar year. The long-term upward bias is intact.