Here are the prices of gold and oil at the end of today’s trading


The commodity markets witnessed today a variation in performance, influenced by economic and geopolitical developments.

Oil prices rose slightly, supported by the White House imposing new customs definitions, which increased the shares of American steel and aluminum producers for the second day in a row. In addition, BP announced plans to reassess its strategy after recording less profits than expected, which affected oil prices.

In parallel, gold maintained its relative stability, with a slight decline in prices, while silver prices witnessed a slight decrease, affected by the weak industrial demand and global economic growth expectations. However, silver is still an attractive investment for investors looking for hedging against inflation and market fluctuations.

At the end of the trading today, gold prices were closed slightly, as future gold contracts decreased to the level of $ 2,927.39 an ounce, recording a slight increase by -0.24%, while the immediate gold contracts recorded 2,898.93 dollars, low by -0.32%, and on the other hand the dollar index witnessed The American decreased by -0.37% to reach the level of 107.93 against a basket of foreign currencies headed by the euro and sterling.

Futures contracts were closed at $ 32.288 an ounce, registering a -0.64%decrease.

WTI crude oil contracts were closed and closed at $ 73.33 a barrel, raising strongly by +1.4 %. As for Brent oil contracts, they also rose and closed at $ 77.02 a barrel, registered for a strong +1.5%. (Investing)


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