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برلمان.كوم
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Gold rises as oil drops and rates slide
Gold prices rose today, Monday, August 3, 2023, by 0.7%, reaching $4,067.06 per ounce in spot trading, while U.S. futures contracts increased by 0.9%. The rise was supported by falling oil prices and a decline in concerns over escalating tensions in the Middle East, which eased inflationary pressures and expectations of interest rate hikes.
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