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Gold nears $4,200

Gold nears $4,200

The price of gold rose for the third consecutive day, approaching $4,200 an ounce, after US employment data showed a sharp slowdown in June, reducing the likelihood of the Federal Reserve raising interest rates this year. Additionally, the price of Kuwaiti oil fell to $68.61 per barrel ahead of a long weekend in the United States, amid a decline in energy market tensions.

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