23 Hrs
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شبكة راية الإعلامية
Global oil and gold increase
The global rise in oil and gold prices is driven by the continued increase in oil prices by about 1.3-1.4%, with Brent crude reaching $88.91 and West Texas Intermediate $83.20, marking their highest levels since the end of July after jumps of around 5% yesterday. Gold also rose by nearly 1% to $4,406.34 per ounce, supported by declining expectations of an interest rate hike in the United States as investors await upcoming inflation data. Additionally, other precious metals such as silver, platinum, and palladium increased, with silver up by 1.2%, platinum by 0.6%, and palladium by 0.8%.
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