Commodities Split: Oil Pushes Higher While Gold Cools
WTI crude rose 1.3% to around $83, marking a fourth straight daily gain as uncertainty over the Strait of Hormuz continues.
Copper stayed nearly flat at $14,156.5 per ton, while gold slipped 0.5% to $4,370.11 and silver fell 1.6% to $64.68.
Markets are now watching U.S.-Iran developments and upcoming U.S. inflation data for the next major move.
$XAU $COPPER $CL
WTI crude rose 1.3% to around $83, marking a fourth straight daily gain as uncertainty over the Strait of Hormuz continues.
Copper stayed nearly flat at $14,156.5 per ton, while gold slipped 0.5% to $4,370.11 and silver fell 1.6% to $64.68.
Markets are now watching U.S.-Iran developments and upcoming U.S. inflation data for the next major move.
$XAU $COPPER $CL