Oil steadies, gold rises amid dollar drop
The report states that oil prices stabilized at the start of the week amid a slowdown in shipping activity. Brent crude futures increased by 20 cents to reach $88.72 per barrel, while US West Texas Intermediate futures declined by 5 cents to $82.35. Gold prices also saw a slight rise, supported by a weak dollar, reaching $4,388.62 per ounce in the spot market, with other precious metals continuing their upward trend.
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