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البلاد
Oil and gold fall amid easing fears
Oil and gold prices declined during today’s trading session, with Brent crude falling by 0.25% to $75.07 per barrel and West Texas Intermediate (WTI) dropping by 0.18% to $71.79. This came amid diminished concerns over oil supplies and a rising dollar, alongside expectations of tightening U.S. monetary policy. Gold prices also decreased by 0.9%, settling at $3,991.49 per ounce, as mounting pressure from a stronger dollar index and anticipated interest rate hikes in the U.S. led to consecutive weekly losses for gold and other precious metals.
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