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2026-07-13T08:45:15.358Z

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Gold Prices Hold Steady

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17 Hrs2026-11-08T11:11:00.000Z
Gold Prices Hold Steady
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Gold prices decline as oil and dollar index increase globally

Gold prices decline as oil and dollar index increase globally

Gold prices worldwide have decreased significantly, dropping by 1.2 percent to reach $4,072.78 per ounce, amid expectations of interest rate hikes to combat inflation. Conversely, oil prices saw a notable rise, with Brent contracts increasing by 3.08 percent to $78.35, and West Texas Intermediate rising by 3.09 percent to $73.62 per barrel. The dollar index also rose to 101.07, as the likelihood of central banks raising interest rates grows.

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