BusinessPhoto: News18 BusinessGold Prices Jump 2% After One-Year Low; Silver Rallies 3%
On November 3, gold prices surged over 2%, recovering from a one-year low hit in the previous session. Spot gold rose 2.1% to $3,954.41 per ounce, while US December gold futures gained 1.8% to $3,969.60. The rally followed an 8% drop in crude oil prices, easing inflation concerns amid ongoing US midterm elections. Silver also rallied 3%.
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