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Gold rises slightly on lower oil prices, subdued dollar

Gold prices witnessed a small rise on Friday, influenced by lower oil costs and a softer dollar backdrop. Traders remain vigilant regarding the evolving situation in the Middle East and global monetary policy trends. The US Federal Reserve has indicated potential interest rate increases in the months ahead, with other central banks, like the Bank of England and Bank of Japan, also focusing on inflation.

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Economic TimesLean R·2h ago
Gold rises slightly on lower oil prices, subdued dollar
Gold prices witnessed a small rise on Friday, influenced by lower oil costs and a softer dollar backdrop. Traders remain vigilant regarding the evolving situation in the Middle East and global monetary policy trends. The US Federal Reserve has indicated potential interest rate increases in the months ahead, with other central banks, like the Bank of England and Bank of Japan, also focusing on inflation.
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Gold rises slightly on lower oil prices, subdued dollar

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Gold rises slightly on lower oil prices, subdued dollar

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