21 Hrs
الاقتصادية
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الاقتصادية

2026-11-10T07:07:43.730Z

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Gold Gains as Oil Falls

Gold Gains as Oil Falls

Gold held on to most of its gains, trading near $4,130 an ounce after rising 1.7% on Monday and 5% last week. It was supported by Brent crude’s retreat to around $92 a barrel and easing inflation concerns amid growing hopes of a diplomatic settlement between the United States and Iran. A weaker dollar also supported the metal, while expectations of a U.S. interest-rate hike in December and Fed officials’ comments on inflation capped gains. Spot gold fell 0.3% to $4,127.80 an ounce by 8:27 a.m. Singapore time.

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