Gold rose to its highest price in more than two months after the US Treasury Department announced an increase in liquidity support for long-term bonds. However, on Thursday (August 20), the price of the precious metal fell slightly due to profit taking.
Spot gold fell 0.7 percent to $4,488.19 an ounce on Thursday after rising more than 4 percent on Wednesday, Reuters reported. Earlier, the price rose to 4 thousand 525.79 dollars, which is the highest since June 2.
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