Gold falls amid rising oil and rate hike signs
The dollar declined as expectations for a US interest rate hike decreased, while the price of gold approached its highest level in two weeks amid rising bets on interest rate increases. Gold is also experiencing its worst quarterly performance in 13 years due to the strength of the dollar and anticipated rate hikes. In this context, 11 people were killed, including Jabalya Police Director, and others were injured in the Gaza Strip. Palestinian calls for comprehensive elections and reforms within the Palestinian Liberation Organization are ongoing, along with efforts to reshuffle the Legislative Council to ensure a pro-majority.
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