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المشهد العربي
Gold surges in single-day gain
Gold prices recorded their largest daily increase since February, reaching their highest level in 7 weeks due to a decline in U.S. Treasury yields. Spot gold prices rose by 4.4% to $4,256.85 per ounce, surpassing the 25-day moving average of $4,160. Additionally, December US gold futures contracts increased by 4% to $4,317.40, amid expectations of increased investments in the yellow metal driven by falling bond yields and market tensions.
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