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Global gold climbs amid oil drop
Gold prices worldwide rose today, Monday, supported by a decline in oil prices. The price of an ounce in spot transactions increased by 0.7%, reaching $4,067.06, while US futures contracts went up by 0.9% to $4,065.60. This comes amid concerns over inflation and interest rate hikes. Additionally, other precious metals gained: silver by 0.7%, platinum by 0.7%, and palladium by 1.5%.
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