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Gold Rises Slightly as Dollar Weakens

New york: Gold prices edged up today as the dollar softened, but gains were capped by a surge in energy prices that fueled inflation worries and further dimmed expectations for US Federal Reserve interest rate cuts this year. Spot gold rose 0.3% to $4…

Oil Prices Surge Amid Middle East Military Tensions

Muscat: Oil prices extended gains today, with Brent headed for a record monthly rise, amid escalating military tensions in the Middle East. Brent crude futures jumped $2.43, or 2.16%, to $115 a barrel after settling 4.2% higher on Friday. US West Texa…