Gold and silver price decline continues

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Gold and silver price decline continues
Photo: Sakchai Lalit /AP/TT

The price decline in precious metals continues on global markets. The spot price of gold has fallen just over 9 percent in early trading this week, to around $4,450 per ounce (31.1 grams).

The price of silver fell further, down just over 13 percent to $74 per ounce.

The price levels can be compared with the historical highs on January 28 this year, when the gold price reached $5,417 per ounce, while silver peaked at almost $117 per ounce.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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