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Oil Holds Gains as Gold Near One-Year Low on Rate Hike Bets

Oil held gains amid fading hopes for a US-Iran deal, while gold hovered near a one-year low as expectations of Federal Reserve rate hikes rose.

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SquawkNews Desk

Commodity markets traded mixed on November 13, with oil prices holding gains amid fading hopes of a US-Iran deal, while gold hovered near a one-year low as rising expectations of Federal Reserve rate hikes weighed on sentiment.Oil held gains after President Donald Trump said the US could forgo a de…

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