Oil hits weekly high and gold peaks
Oil prices have stabilized at their highest levels in over a week, as geopolitical factors continue to influence the markets. Brent crude settled at $87.81 per barrel, while West Texas Intermediate reached $82.20. Gold prices also surged to their highest in nine weeks, amid expectations of a slight decrease in U.S. inflation. The price of an ounce of gold reached $4,376.56 for spot transactions and $4,419.70 for futures contracts.
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