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شبكة فلسطين الإخبارية
Oil falls over 5% as gold gains
Oil prices dropped by more than 5% during Asian trading sessions, with Brent crude falling by 6.28% to reach $82.41 per barrel, and West Texas Intermediate dropping by 6.22% to $79.40 per barrel. Meanwhile, gold prices rose alongside the decline in oil, with the spot price increasing by 0.7% to $4,067.06 per ounce, and futures climbing by 0.9% to $4,065.60. Other precious metals, such as silver, platinum, and palladium, experienced slight gains, reflecting mixed signals in the global market due to the falling oil prices and investors' concerns over inflation risks and interest rates.
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