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Day: September 27, 2024

Gold Eases ahead of Key US Inflation Data

Gold prices eased on Friday, retreating from record levels on mounting expectations of another big US interest rate cut this year, while market participants awaited a key inflation report for further direction.

Spot gold settled at $2,673.21 per ou…

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Oil Prices Fall on Higher Supplies Prospects

Oil prices declined for a third day on Friday and were on track to end the week lower on expectations of higher supplies.

Brent crude futures fell 57 cents, or 0.8%, to $71.03 per barrel.

US West Texas Intermediate crude futures were down 58 cent…

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