Local gold prices rise
Gold prices in the local market increased by 1.30 dinars per gram, with the selling price for 21-karat gold reaching 84.5 dinars today. This rise is attributed to technical buying activities and investor expectations ahead of the U.S. Federal Reserve meeting, where signals about interest rates are keenly anticipated. The impact of Iran's war on the market remains limited. Additionally, the international price of gold reached its highest level in two weeks, standing at $4,113.73 per ounce, with U.S. futures contracts rising by 1.1%.
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