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فلسطين اليوم
Oil rises over 2% as gold declines
Gold prices today fell to their lowest level in two weeks, following Federal Reserve Chairman's hints of possible interest rate hikes to ease inflation pressures. Additionally, escalating tensions in the Middle East raised concerns about inflation. The spot gold price decreased by 0.8%, reaching $4,417.04 per ounce, marking the lowest level since August 19. U.S. gold futures also declined by 1.4%, settling at $4,466.80.
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