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Platinum joins gold, silver price rally, surges to fresh record high amid geopolitical tensions – The Economic Times Video

While gold reached a new record high on Friday, January 23, silver and platinum also expanded their gains to reach all-time highs, driven by geopolitical and economic uncertainties, a weak dollar and bets on the US Federal Reserve’s interest rate cut. Spot gold rose 0.5% to $4,961.57 per ounce by 0057 GMT, after rising to a record $4,966.59 earlier in the day. Spot silver rose 0.9 percent to $97.01 per ounce, after previously reaching a record peak of $97.44. Spot platinum rose 1.4 percent to $2,665.85 per ounce, after previously hitting a record of $2,684.43.
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