Gold falls, oil gains over 2%
Gold prices fell after reaching their highest level in over seven weeks, amid rising bond yields that have climbed to their highest levels in decades, raising concerns about a decline in its appeal as a safe haven. Meanwhile, oil continues to record weekly gains, amid ongoing Israeli bombings in Gaza, which have resulted in two martyrs—one of whom was a child—and injuries to others, as well as the destruction of a water desalination plant in the Sheikh Radhwan neighborhood in northern Gaza. Additionally, an American judge overturned President Trump's decision to suspend visa issuance for 75 countries.
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