The precious metals market experienced a historic rise, with the gold price per ounce surpassing $4,250 in the morning, reaching a new record high. During morning trading, December futures contracts reached $4,251.56, an increase of 1.19%, after touching $4,254.8 during the session. Silver prices also hit a record high, rising by 2.01% to $52.41 per ounce, after reaching an all-time peak of $52.865. These figures confirm the continued high demand for precious metals amid fluctuations in the global markets.
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