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via argaam.comMarkets

Gold prices fall, heading for worst weekly level since June

FROM THE WIRE · ARGAAM.COM

Gold prices fell on Friday, heading for their worst weekly performance since June, as rising oil prices fueled expectations that interest rates will r

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRising oil prices fuel expectations of higher interest rates, weighing on gold.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Gold prices fell on Friday.
  2. 02Gold is heading for its worst weekly performance since June.
  3. 03Rising oil prices fueled expectations that interest rates will rise.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
GoldCOMMODITY:GOLDCommodity4,040.10 USD+0.05%today -0.50%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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