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Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices
Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters
Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
Revenues from fintech unit surged 71 percent to $392 million
Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges
The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices
The dollar climbed to 154.85 yen, its highest point since the middle of 1990
Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year
Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East
Investments aimed at bolstering the stable operation of China's capital markets
Bullion loses safe-haven appeal amidst reduced geopolitical risks
Brent crude futures declined to $86.62 per barrel, WTI crude futures dropping to $82.51 per barrel
Regional tensions jeopardize emerging market currencies amid safe-haven rally
Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment
Brent futures rose by $2.63, reaching $89.74 per barrel
Gold maintains safe-haven appeal despite Federal Reserve's stance on rates
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Maait highlighted that Egypt is on track to achieve financial stability after facing a severe economic crisis
Strong dollar and rising treasury yields impact gold's appeal
Brent oil futures fell 0.1 percent to $89.89 per barrel
U.S. retail sales data released on Monday showed a 0.7 percent increase last month
The yen weanked past the 154 range vs dollar
Low participation from U.S. investors bodes well for gold's rally
Spot gold rose 0.17 percent to $2,387.42 per ounce
