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Global increase in gold, drop in oil
Gold prices slightly increased due to the decline in oil prices and the weakening of the dollar, with the price of an ounce reaching $4,352.60 in spot transactions. Other precious metals such as silver, platinum, and palladium also rose. Conversely, the continued drop in oil prices for the third consecutive session contributed to a decline in Brent crude futures to $104 and US crude to $101.20, after fears of a supply disruption from Saudi Arabia eased and concern over escalating conflicts in the Middle East subsided.
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