Global oil dips as gold gains
Global oil prices declined after significant gains in the previous session, with Brent crude dropping to $94.23 per barrel and West Texas Intermediate falling to $91.31, after previously rising by about 5 percent. Conversely, the price of gold increased by 0.5 percent to reach $4,507.56 per ounce, supported by a decline in U.S. Treasury bond yields. Other precious metals also saw rises, with silver advancing to $75.49, platinum to $1,947.95, and palladium to $1,366.37.
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