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Gold Prices Climb as US Dollar Weakens, Oil Prices Fall

Gold rose 2.4% and silver gained 4.5% while Brent crude fell 2.8%, according to a report by Anadolu Agency.

· 1 min read · language: en
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Anadolu Agency (Turkey)

Gold prices increased amid a weakening US dollar and falling oil prices, according to a report published by Anadolu Agency.

The agency reported that gold prices rose by 2.4%, while silver prices gained 4.5% during the same period.

At the same time, Brent crude oil prices fell by 2.8%, the report said.

The movements in gold, silver and oil prices come amid broader shifts in currency markets, with the US dollar reported to be weakening, according to Anadolu Agency.

Further details on the specific timeframe and underlying drivers of these market movements were not provided in the report.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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