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Gold prices in the UAE rose amid a decline in oil prices due to investors taking profits and preparing for a new set of sanctions. Meanwhile, global oil prices decreased, and the Chinese economy was affected by the ongoing real estate crisis entering its sixth year, impacting the global economy. Additionally, the Japanese stock market experienced pressure from inflation and anticipation of Nvidia's results, while fewer than 20 ships passed through the Strait of Hormuz at the beginning of the week.
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