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Market Impact: 0.25
Gold Advances As Crude Oil Eases While Investors Analyze Fed's Rate Hike
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesGeopolitics & War
Gold prices edged higher for a second day as crude oil eased after reports that Saudi Arabia is accelerating repairs to its damaged East-West pipeline. The pipeline-repair outlook reduced immediate oil-supply concerns while providing modest support for gold.
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