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Search date: 29-01-2026 Return to current date: Click here

Gold tops $5,300 for first time on dollar weakness

Gold prices climbed above $5,300 per ounce for the first time on Wednesday, driven by economic uncertainty and a weakening US dollar, as investors awaited the Federal Reserve's policy decision amid increasing concerns over its independence.Spot gold was up 1.4% at $5,259.78 an ounce by 09:13 a.m. ET (1413 GMT)...

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Oil prices hover around four-month high, buoyed by weak dollar and outages

LONDON, Jan 28 (Reuters): Oil prices hit their highest since late September on Wednesday after a winter storm disrupted US crude output while a weak U.S. dollar and continued Kazakh outages lent further support.At 1403 GMT, Brent crude futures had ticked up 92 cents, or around 1.4%, to $68.49 a...

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Greenland crisis a wake-up call on energy security: EU energy chief

BRUSSELS, Jan 28 (Reuters): US President Donald Trump's push to take over Greenland has been a "wake-up call" to European governments to increase their energy security, the EU's head of energy policy said on Wednesday.Europe has rapidly increased imports of liquefied natural gas from the US as it races to...

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