Gold rose on Wednesday to its highest level in a week, driven by a weaker U.S. dollar and investors seeking safe-haven assets amid financial uncertainty in the United States, where Congress is debating a comprehensive tax bill.
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According to Bloomberg News, spot gold increased by 0.2% to reach $3,293.98 per ounce, while U.S. gold futures rose 0.3% to $3,295.80.
As for other precious metals, spot silver fell by 0.2% to $32.99 per ounce, platinum dropped 0.3% to $1,050.25, while palladium rose 0.5% to $1,017.93—its highest level since February 4.
—(Petra News Agency)