Global markets steady as gold falls

Global stocks experienced partial stability, while gold prices declined by 0.5% to $4,406.87 per ounce, amid mixed market performance due to escalating tensions in the Middle East, rising oil prices, and higher bond yields. Brent crude oil prices increased by 0.9% to over $97.16 per barrel following attacks on Saudi tankers and facilities, amid anticipation of U.S. inflation data and central bank meetings focused on interest rate hikes. The U.S. dollar weakened against the yen and euro, even as bond yields in the United States, Germany, and Britain rose.

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