Gold and Silver Extend Losses as Crude Oil Rises
Gold and silver prices continued to drop as crude oil gained amid escalating tensions in West Asia.
Gold and silver extended their market losses while crude oil prices moved higher amid ongoing tensions in West Asia, according to Business Standard.
Precious Metals Decline
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The downturn in precious metals comes as geopolitical friction in West Asia drives upward pressure on crude oil markets. Gold and silver continued to fall even as energy prices climbed.
Key facts
- Gold and silver prices extended their market losses.
- Crude oil prices increased amid escalating West Asia tensions.
- Metals and energy markets diverged as geopolitical risks mounted.
Source: news.google.com
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