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Gold Climbs as Oil Slips
Spot gold rose 0.7% to $3,900.90 an ounce, after falling 3.5% on Friday to its lowest level since October 2025. U.S. gold futures climbed 0.3% to $3,909.70. The rebound came as oil prices dropped more than 3%, easing inflation concerns, while investors awaited signals from the Federal Reserve on interest rates. Three Fed officials called for further rate increases, while markets put the odds of a December hike at about 73%.
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