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Bullion loses safe-haven appeal amidst reduced geopolitical risks
Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment
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
Strong dollar and rising treasury yields impact gold's appeal
Gold prices increased to an all-time high of $2,431.29 on Friday, gaining over 14 percent this year
Investors eye Federal Reserve meeting minutes and inflation figures for market direction
Gold prices remained undeterred despite the robust U.S. job growth in March
Investors await consumer price index data from U.S. and China later this week
The rise in prices is fueled by geopolitical tension and supply concerns
Gold prices have reached new record highs in each session since last Thursday
While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains
Softer U.S. inflation report strengthens bullish sentiment
Globally, spot gold remained stable at $2,195.34 per ounce
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Globally, spot gold stabilized at $2,179.98 per ounce
Globally, prices continued to rise above the mid-$2,150 mark
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd
Copper rebounds, yet 11-month highs prove elusive
Copper retreats from 11-month highs amid growing concerns over China
Resurgence of copper rally takes center stage, PMIs come into focus
The expectation of limited supplies continued to support crude prices
Prices hold steady above $2,150
Fed, PMIs awaited for more economic cues