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المشهد العربي
Gold's first weekly rise amid falling oil
Gold prices experienced a rise at the end of the week for the first time in four weeks, increasing by more than half a dollar per ounce. This gain was supported by falling oil prices, which eased inflation concerns. The third consecutive session of Brent crude oil decline affected investors, as they paused short-selling activities before the falling oil prices quelled fears of rising U.S. interest rates. Futures prices for gold showed a weekly gain of 0.36%, while silver prices rose by 1.66%, with weekly increases of 3.10%.
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