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New York gold prices rose on the 5th

author:Xinhuanet client

CHICAGO, Nov. 5 (Xinhua) -- The most actively traded December gold futures price on the New York Mercantile Exchange gold futures market rose $23.3 on the 5th from the previous session, closing at $1,816.8 an ounce, or 1.3 percent.

Market analysts believe that the decline in US Treasury yields is the main reason for the rise in gold prices on the day.

On the day, silver futures for December delivery rose 24.6 cents, or 1.03%, to close at $24.157 an ounce, and platinum futures for January 2022 rose $6.5 to close at $1,035.8 an ounce, or 0.63%.

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