9/28, 6:12 PM (Source: TeleTrader)
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Precious metals reverse course, gold jumps almost 2%

The prices of precious metals recovered from previous losses on Wednesday, as gold rose almost 2%, with the dollar easing against major currencies, such as the euro and the British pound, alongside the US Treasury bond yields, which entered the red territory.

Gold surged 1.83% to sell for $1,658.88 per ounce at 12:09 pm ET. Silver jumped 2.08%, going for $18.68 per ounce a minute later. Platinum rose 1.35%, selling for $863.18 per ounce at 12:11 pm ET, while Palladium soared 2.55% to go for $2,125.56 per ounce a moment later.

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