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Last month, Brent and WTI marked their biggest percentage drops since November 2021

U.S. President Donald Trump said he has "potential" trade deals with India, South Korea and Japan

The launch of the Trump International Hotel & Tower, Dubai, comes weeks ahead of Trump's visit to the region

Trump's tariffs have raised fears of a potential recession in the global economy this year

U.S. consumer confidence dipped to its lowest point in nearly five years amid tariff concerns

U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week

Investors will watch key U.S. economic reports this week, including job openings and payroll data

U.S. WTI crude gained 41 cents, reaching $63.43

The dollar rose 0.2 percent, making gold bullion pricier for international buyers

Exemptions follow conciliatory statements from Washington amid rising fears of global recession

Bullion has surged over $700 this year, setting multiple record highs and reaching $3,500.05 on Tuesday

Despite a 13 percent drop in gold jewellery demand, bullion interest remains strong in the country