ASHARQ AL-AWSAT English·3 min read·medium
Gold Hits One-Month Peak on Lower Oil and Softer Dollar
✦AI Summary
Gold prices reached a one-month high as the US dollar weakened and oil prices declined. Investors are closely monitoring upcoming US employment data to gauge the Federal Reserve's future interest rate decisions.
Gold rose for a third straight session on Wednesday, hitting a one-month peak on a softer dollar and lower oil prices, while investors awaited US jobs data for clues on the interest-rate outlook.
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