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شبكة راية الإعلامية
Oil dips as gold prices rise
Oil prices slightly declined today, Thursday, as investors evaluated the implications of renewed military strikes between the United States and Iran and their impact on energy supplies and navigation in the Middle East. Brent crude fell by 0.45% to $95.20 per barrel, while West Texas Intermediate decreased by 0.26% to $90.77. Meanwhile, gold prices rose, supported by a weaker dollar and lower U.S. Treasury yields, with the spot price reaching $4,409.97 per ounce after hitting its lowest level in nearly a month. Additionally, U.S. gold futures gained 0.9%, reaching $4,455.30. The market's direction remains dependent on the non-farm payrolls report due on Friday, which will influence US interest rate prospects.
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