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Gold rises toward $4,700 while crude oil nears $95 per barrel

First seen: Aug 24, 2026, 12:02 PM UTCUpdated: Aug 24, 2026, 12:02 PM UTC

Global commodity prices reportedly moved higher during the week of August 15–22, with gold approaching $4,700 per ounce and crude oil nearing $95 per barrel.

Large commodity-price movements can raise inflation and energy costs across economies.

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