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Gold Hits Over Seven-Month Low

Abu dhabi: Gold prices fell to a more than seven-month low on Wednesday and traded below the key $4,000-per-ounce level, due to pressure from a firmer US dollar and growing expectations of interest rate hikes. Spot gold fell 3.3% to $3,973.79 an ounce…

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Gold Hits Over Seven-Month Low

Abu dhabi: Gold prices fell to a more than seven-month low on Wednesday and traded below the key $4,000-per-ounce level, due to pressure from a firmer US dollar and growing expectations of interest rate hikes. Spot gold fell 3.3% to $3,973.79 an ounce…

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5.2-Magnitude Earthquake Strikes Qinghai Province

Qinghai: A 5.2-magnitude earthquake jolted northwest China’s Qinghai province at 11:29 pm on Tuesday (Beijing Time), with no casualties or property damage reported.

According to Emirates News Agency, the earthquake struck at a depth of 8 km, as repo…

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