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Oil climbs as gold falls on political and rate outlook
Oil prices rose after reports that Iran refused to meet Trump's envoys in Qatar, which heightened geopolitical concerns. Brent reached $73.45 per barrel, while WTI rose to $70.13. Meanwhile, gold prices declined by 0.7% to $3,979.41 per ounce, as US Treasury yields and the dollar increased, putting additional pressure on the precious metal.
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