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Brent crude futures saw a gain of 31 cents, equivalent to 0.4 percent, reaching $89.32 per barrel

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Food prices remained unchanged at 5 percent in March compared to February

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

Bullion loses safe-haven appeal amidst reduced geopolitical risks

Brent crude futures declined to $86.62 per barrel, WTI crude futures dropping to $82.51 per barrel

Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment