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المشهد العربي
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المشهد العربي

2026-10-09T13:54:39.000Z

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Gold and silver prices rise as oil drops

Gold and silver prices rise as oil drops

Gold and silver prices experienced a significant rise during Friday's trading sessions, driven by a decline in oil prices and ongoing instability related to developments in the Washington-Tehran conflict, which has entered its eighth month. December gold futures increased by 1.20% (49.10 dollars) to reach $4,206.10 per ounce, while spot prices rose by 1.25% (50.99 dollars) to close at $4,183.49 per ounce. This occurred amid a backdrop of political and economic uncertainty, with rising expectations of an interest rate hike in the United States, although geopolitical tensions have had a direct impact on the prices of precious metals.

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