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Commodity News

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(22 Oct 2025, 16:46)

Gold tumbles to one week low, Silver eases near $47 per ounce

COMEX Gold futures slipped today, adding to losses from record highs. The metal lost around five percent in last session. The US dollar index edged up near 99 mark. The metal has been falling this week after a near 65% spurt this year as profit selling is weighing on sentiments. The yellow metal is currently trading at $4050 per ounce, down around 1.5% on the day. This is the lowest level in last one week. The US and Chinese trade representatives are expected to meet late this week ahead of a planned meeting between Chinese leader Xi Jinping and US President Donald Trump next week. Meanwhile, Silver futures are down 0.69% at $47.40 per ounce.
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