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المشهد العربي
Gold dips on monetary tightening fears
Gold prices declined by 1% at the end of Monday's trading, settling at $4,481.50 per ounce, amid rising concerns over the geopolitical repercussions in the Middle East, particularly with the escalation of military tensions between the United States and Iran and their impact on inflation and monetary policy. Nevertheless, gold prices experienced a monthly increase of 9.12%, the largest gains since January, supported by a weakening dollar and improved economic outlook.
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