22 Days
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الراي
Gold faces its largest weekly decline in a month and a half amid inflation worries
Gold prices are heading toward their biggest weekly loss in six weeks, due to escalating tensions between the United States and Iran. This has led to a rise in oil prices, increased inflation fears, and anticipation of a potential interest rate hike by the U.S. Federal Reserve. Since the beginning of the week, gold has declined by 3.2%, as geopolitical risks in the Middle East continue to impact global markets, particularly with oil prices increasing by about 12% amid recent events in the region.
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