Gold remains anchored near its all-time high with sideways movements, while platinum approaches the $2000 mark



Recently, the international precious metals market has shown divergence. Gold prices have fluctuated narrowly near historic highs, currently trading at $4320 per ounce, just $60 below the October record high, and recorded a 0.8% increase on Wednesday.

Market sentiment is influenced by dual factors: the escalation of the Venezuela situation boosting safe-haven demand, while investors closely monitor US inflation data to catch clues about the Federal Reserve's interest rate cuts.

In contrast, platinum has surged rapidly, with prices once soaring to nearly $2000 per ounce, before narrowing gains, leading the precious metals sector strongly.
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