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Gold declines as oil prices increase

Gold declines as oil prices increase

Gold prices declined significantly today, amid growing concerns over a potential interest rate hike in the United States following the release of a strong jobs report. The price of an ounce dropped to $4,313.11. Meanwhile, oil prices rose by more than two dollars per barrel, reaching $92.64 for U.S. crude and $95.42 for Brent, amidst a wave of economic tensions.

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