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The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak

Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel

Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel

The U.S. dollar index gained 0.17 percent to 109.83, making bullion less attractive for other currency holders

West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel

Indonesia joining BRICS enhances collaboration with developing nations based on equality and sustainable development

Major central banks will likely increase gold purchases in 2025, further boosting demand for the precious metal

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Gold prices have risen over 27 percent this year and are set for their best performance since 2010

The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders

Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries