After the rise of oil, gold climbs 1%



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Gold rose 1% to $ 1503.60 an ounce at 0601 GMT, and prices fell 1.2% the previous week, hoping to put an end to the trade dispute between China AndUnited States.

And increased D & # 39; gold In the United States, futures contracts rose 0.8% to $ 1,511.40 an ounce, after oil prices rose about 20%.

Jeffrey Haley, an analyst at Oanda, said the attacks on Ali Saudi oil installations He diverted the attention of stocks to shelters.

With rising tensions in the Middle East and hope for further stimulus from major central banks, the next target for gold would be $ 1,530, he said.

At the level Precious metals The money jumped 3% to 18 dollars an ounce and platinum 0.5% to 953.31 dollars.

Palladium, meanwhile, rose 0.5% to $ 1,614.

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Gold rose 1% to $ 1503.60 an ounce at 0601 GMT, and prices fell 1.2% the previous week in hopes of ending the trade dispute between China and the United States.

US gold futures rose 0.8% to $ 1,511.40 an ounce, after a rise in oil prices by nearly 20%.

Oanda analyst Jeffrey Haley said the attacks on Saudi oil facilities had diverted attention from stocks to safe places.

With rising tensions in the Middle East and hope for further stimulus from major central banks, the next target for gold would be $ 1,530, he said.

On other precious metals, silver jumped 3% to 18 dollars an ounce and platinum 0.5% to 953.31 dollars.

Palladium, meanwhile, rose 0.5% to $ 1,614.

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