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Both US and Brent crude oil prices each rose over 4% intraday, while gold spot and futures prices both fell below the $4,400 mark.
Odaily Planet Daily reports that, according to Gate Data, WTI crude oil surged 4.00% intraday to $95.38 per barrel. Brent crude oil rose 4.00% intraday to $102.30 per barrel. Spot gold briefly declined, falling below $4,400 per ounce, with a daily decrease of 2.36%. New York gold futures also fell below $4,400 per ounce, down 3.36% for the day.