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Spot gold broke above 4300 USD per ounce and was quoted at 4302.41 USD, up 0.66% for the day.
Spot gold breaks above the 4300 USD threshold
PANews reported on September 25 that spot gold broke above the round-number threshold of 4300 USD per ounce and was last quoted at 4302.41 USD, up 0.66% for the day.
Source: https://www.panewslab.com/zh/articles/01a0d80a-2c4e-7073-aa95-012af6bbb55d
Spot gold broke above the round-number threshold of 4300 USD per ounce.
It was last quoted at 4302.41 USD.
The intraday gain was 0.66%.
The report was published on September 25.
The following is analysis, separate from reported facts. Verify important claims independently.
This means the spot-gold price rose above 4300 USD per ounce and was quoted at 4302.41 USD.
4300 USD per ounce is the round-number threshold cited in the report. After the breakout, the market can watch whether the price remains above that level.
Beginners can understand this as the gold price moving above an important round number, but one report cannot show that the price will necessarily continue rising.
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