The price of gold is rising Monday morning, reaching $1,880 per troy ounce, trading data shows. The depreciation of the dollar supports the value of the precious metal.
The price of February gold futures on the New York Comex Exchange rose by $10.25, or 0.55%, to $1,879.95 a troy ounce. March silver futures rose 0.64% to $24.135 an ounce.
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