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Gold falls as dollar rises and risk appetite improves

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And gold recorded in the spot transactions $ 1576.67 an ounce (Ounce) At the end of the trading session, dropping 0.83 percent. Earlier in the session, prices of the precious metal recorded their highest levels since January 8th.

US gold contracts closed 0.3 percent lower at $ 1582.40 an ounce.

European and American stocks rose slightly, but global stocks fell to the lowest level in seven weeks. The dollar rose about 0.3 percent against its main competitors after recovering from the lowest level of two weeks that it touched the previous session.

As for other precious metals, palladium rose 1.9 percent to 2321.30 dollars an ounce, while silver fell 2.11 percent to 17.65 dollars an ounce. And platinum rose 1.14 percent to 967.41 dollars an ounce.

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And gold in the spot transactions $ 1576.67 an ounce in late trading, down 0.83 percent. Earlier in the session, prices of the precious metal recorded their highest levels since January 8th.

US gold contracts closed 0.3 percent lower at $ 1582.40 an ounce.

European and American stocks rose slightly, but global stocks fell to the lowest level in seven weeks. The dollar rose about 0.3 percent against its main competitors after recovering from the lowest level of two weeks that it touched the previous session.

As for other precious metals, palladium rose 1.9 percent to 2321.30 dollars an ounce, while silver fell 2.11 percent to 17.65 dollars an ounce. And platinum rose 1.14 percent to 967.41 dollars an ounce.

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