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Gold falls to seven-week low amid rising oil prices and US dollar

Spot gold prices fell 3.3 percent to a seven-week low of $4,146.51 per ounce on Monday, while silver dropped nearly 5 percent amid rising oil prices, higher Treasury yields, and a strong US dollar driven by US-Iran tensions. US gold futures also dropped 3.3 percent to $4,178.40 following President D