During the evening session on October 23, spot gold experienced a steep decline, falling below the $4,000 per ounce mark. It was last down 1.02%, trading at $3,982.39 per ounce.
On the same day, international crude oil prices rallied significantly, with West Texas Intermediate (WTI) crude futures extending gains to 3%, reaching $102.53 per barrel at the time of writing, while Brent crude futures climbed 2.66% to $116.18 per barrel.
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