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Gold Gains Amid Fed Review and Falling Oil
Gold prices rose today as investors assessed the Federal Reserve's decision to raise interest rates and its indication of the possibility of further tightening measures. The spot price increased by 0.8%, reaching $4,295.26 per ounce, while futures rose to $4,333.90. Meanwhile, oil prices declined following reports of additional crude shipments through Oman, coupled with technical factors and the impact of expectations that gold prices will remain within a certain range.
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