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Gold Rises as Oil Declines

Qiyas summary

Gold prices rose by 0.6% amid an oil decline, as investors await the upcoming interest rate decision.

Translated by Qiyas from النهار — Original source

Gold prices rose slightly, amid a decline in oil, as investors awaited signals on the likelihood of the U.S. Federal Reserve raising interest rates next week, according to Bloomberg. The precious metal climbed as much as 0.6%, reaching around $4,190 per ounce, after posting losses last week.

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