Gold Hits Two-Week Peak
Gold prices rose to their highest level in two weeks amid technical buying ahead of next week's Federal Reserve meeting, which is expected to keep interest rates steady through the end of 2026 due to ongoing inflation. The Fed's expectations contributed to the rise in gold prices, with the ounce reaching $4,113.73, a 0.9% increase, and gold futures climbing by 1.1%. Additionally, the prices of other precious metals such as silver, platinum, and palladium also increased, while oil prices rose by more than 1%, nearing their highest levels in six weeks.
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