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Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated
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Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye
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Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
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The U.S. dollar index gained 0.17 percent to 109.83, making bullion less attractive for other currency holders
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Prices are set for weekly gains as uncertainty over U.S. interest rates and trade tariffs boosts safe haven demand
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Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
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Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel
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The U.S. dollar index held steady at 109.09, nearing the two-year high it touched last week
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The U.S. dollar index gained 0.03 percent to 108.57, making bullion less attractive for other currency holders
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Among GCC countries, Kuwait recorded the highest annual inflation rate in September at 2.8 percent
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The benchmark 10-year Treasury yield hit its highest since May 2024 yesterday, impacting bullion's rise
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U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42