Gold falls while oil nears weekly high
The article discusses a 0.5% decline in gold prices to $4,330.37 per ounce after reaching a highest level since June, as investors took profits. Despite expectations of a US interest rate cut in September due to stable producer prices and declining inflation, gold prices have dipped. Silver also fell by 0.8% to $63.92, while diamond and platinum prices declined as well. Meanwhile, oil prices experienced a slight increase following geopolitical developments, with weekly gains reaching approximately 4%.
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