Daily Market Updates: Gold, silver prices rebound from multi-month lows as crude oil retreats; what is driving the recovery?

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Gold, silver prices rebound from multi-month lows as crude oil retreats; what is driving the recovery?

Reported · Written up by our desk · North America

Gold and silver rebounded on Monday after hitting multi-month lows, supported by easing inflation concerns as oil prices fell and the US dollar weakened. Diplomatic efforts to resolve the US-Iran conflict helped ease supply concerns, though both metals remain far below record highs.

Latest closeGold $3,884.90 ▼3.6%|Silver $49.13 ▼5.9%|WTI crude $102.95 ▲0.9%

← Newer storyChinese Yuan: Weak PMIs strengthen policy support case – Commerzbank Older story →Euro holds modest gains as Oil prices tumble on US-Iran diplomacy

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LiveMint MarketsGold, silver prices rebound from multi-month lows as crude oil retreats; what is driving the recovery?

Global Markets

Gold, silver prices rebound from multi-month lows as crude oil retreats; what is driving the recovery?

More like this

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