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Latest Gold Price Update Today

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Gold continues to maintain a positive trend on Friday, extending Thursday’s rally and challenging the yearly high near $4,500 per ounce. This price action indicates that bullish momentum remains intact as buyers stay active near a key resistance zone.

Notably, risk-averse sentiment continues to support gold, even as the U.S. dollar strengthens and U.S. Treasury yields move higher. This highlights persistent safe-haven demand, which is helping the metal hold elevated levels despite short-term headwinds.

At current levels, gold’s ability to stay close to the $4,500 mark suggests that the upside bias remains in place. If buying pressure continues, the market could soon attempt a clearer breakout, potentially opening the door to further gains in the near term.
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