economy
Gold and other metals fall as oil prices rise
3.3%
Spot gold price decline
Gold fell 3.3 percent to $4,146.51 per ounce, its lowest level in more than seven weeks, while silver, platinum and palladium also declined. The article links the moves to rising oil prices, a stronger US dollar, higher Treasury yields and inflation concerns.
1 sourceAl JazeeraUpdated
Claims
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- 3.3%
Spot gold price decline
“Spot gold prices fell by 3.3 percent”
- 4,146.51USD per ounce
Spot gold price
“to reach a more than seven-week low at $4,146.51 per ounce”
- 3.3%
US gold futures price decline
“US gold futures also fell by 3.3 percent”
- 4,178.4USD per ounce
US gold futures price
“to $4,178.40”