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Gold rose more than 1% in trading on Monday, November 9, 2026, reaching its highest level in three weeks. Spot gold climbed 1.19% to $4,119.08 an ounce, while U.S. gold futures gained 1.29% to $4,127.40. The rise came as oil prices fell and inflation concerns eased, amid signs of de-escalation in the conflict between the United States and Iran. Investors are awaiting U.S. inflation data and signals on the Federal Reserve’s monetary policy.
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