Commodity Roundup: Oil faces biggest weekly drop since March 2023 as geopolitical fears ease; gold falls again

1 week ago 2
Oil barrels and gold bars on black background 3D render

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Oil prices were on track for their biggest weekly drop since March 2023 on Friday, as easing fears over Iran-Israel tensions erased the risk premium. Gold also headed for a second consecutive weekly decline.

Brent crude (CO1:COM) futures rose

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