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Venezuela to Send Up to 1,000 Kilograms of Gold to U.S. Under New Deal

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Venezuela’s state-owned mining company, Minerven, has entered into a multimillion-dollar agreement to sell up to 1,000 kilograms of gold destined for U.S. markets, according to Axios. U.S. Interior Secretary Doug Burgum, who arrived in Venezuela on Wednesday to...

Gold hits historic high as 400-ounce bar surpasses $1 million

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For the first time, a single 400-troy-ounce gold bar has reached a value of $1 million. The milestone was achieved following a surge in the price of gold beyond $2,500 per troy ounce.   These record-breaking prices mark a significant moment for the precious...

Gold Prices Hit Another Record Amidst Expectations of U.S. Interest Rate Cuts

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On Monday, gold prices surged to yet another all-time high, driven by anticipations of interest rate cuts in the United States and the metal's status as a sought-after safe haven asset. Spot gold saw a 0.3% increase, reaching $2,240.04 per ounce in trading. Meanwhile,...

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