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May 6, 2024

Gold Rises on Fed Rate Cut Hopes

Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullions appeal.

Spot gold rose 0.3% to $2,309.24 per ounce. US gold futures gain…

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A slight decline in Iraq’s oil exports last April

During the month of April 2024, Iraqi oil exports recorded a slight decrease of 0.3% on a monthly basis, with the continued exceeding of the quota for oil production within the OPEC alliance.

According to figures published by the Specialized Energy P…

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